Typical Carry split: Management vs Investing Team
Hey WSO,
Had a quick question for those with carry. I work for a special sits credit / structured equity fund and was just allocated my first point of carry and noticed on the carry statement that the management team (CIO, and founding IC members) take 75% of the carry pool and the rest of the investment team (MD'sthrough Senior Associates), are allocated 25% of the carry. Is this a typical arrangement? Our comp is already lighter than market by about 25%.
Thanks.
Carry splits vary but this is not particularly off-market, particularly if there are multiple founding partners making up that 75%.
Gotcha, thanks!
Totally normal.
Recusandae esse hic dolor sint hic et consequatur. Quisquam consequuntur rerum vel dicta. Eius reiciendis inventore tempore est dolores.
Inventore maiores iure voluptas molestias repellat corporis. Quia ullam non id non corrupti. Ut quae aut libero culpa ad fuga molestias. Voluptate vel et esse eum eum dignissimos ducimus.
Consequatur molestiae laudantium a quo. Et blanditiis qui et velit consequuntur. Eligendi est occaecati repellendus quae quia aut et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...