Carry materializing in PE after leaving as an associate
To all PE ex-associates who left after their associate program and who received carry during their associate program - has this carry become cash for you at all or did you basically just give it up?
...you mean co-invest, right? If so, more materializing pre-pandemic or even late 2020, lean pickings since. Weirdly the pace in new investments has been MUCH better than exits...
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