Well, isn't a large part of PE pay based on carry? They make some annual salary from management fees, but the real money is from the 80% of profits they get per fund once it cashes out.
And no offense, but complaining about $600k makes you sound like a snob.
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$200k , $400k bonus
for the VP
I might be wrong
Hmmm... I am surprised that it would be that low. VPs in banking make that much.
Well, isn't a large part of PE pay based on carry? They make some annual salary from management fees, but the real money is from the 80% of profits they get per fund once it cashes out. And no offense, but complaining about $600k makes you sound like a snob.
Carried interest is not 80% of profits.
The bigger the fund, the longer before you get to see any carry. Thats why megafunds pay big bonuses.
Carried interest is usually 20%. The investor gets 80% (above the 8% annual return rate).
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Iure vitae a veniam consequatur eveniet sunt. Optio pariatur molestiae nihil. Molestias aut explicabo assumenda.
Reprehenderit aut culpa dolores accusantium. Atque voluptas quia repellat quibusdam eos. Saepe tempora sunt voluptatem quasi expedita.
Est repellat aut magni architecto quis quisquam. Delectus ut eum animi non. Aliquid harum enim assumenda quibusdam asperiores.
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