My PE firm sold GP stake
What are the ramifications of this for me, assuming I have a path to partner? Will this impact me at VP / Principal level?
What are the ramifications of this for me, assuming I have a path to partner? Will this impact me at VP / Principal level?
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Most likely none for you, probably one of the older partners taking some liquidity.
Does this permanently decrease carry pool, or just impact management fees?
It permanently decreases the carry pool. Take a look at the Sixth Street / Dyal litigation for an example of a bad outcome.
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