Senior Associate at first time fund
Looking to get some insight from anyone who has joined a first time fund at the senior associate / VP level. I'm currently entertaining an opportunity with a first time fund (~200-250MM) in a tier 2 city (Austin/Chi/LA) and wanted to get some guidance on what to expect for comp. I'm expecting cash comp to be in the low 200s but not sure how to think about carry or what to expect or how to navigate the ask here.
would love datapoints from anyone who joined a first time fund
First time fund size:
Title: Senior associate / VP