Vesting time
What is the typical vesting time for a secondary fund? Associate, VP, and Principal. Is it usually just through the investment period?
Thx
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5 yrs straight - 20% each year
@M8, I noticed you post a lot of good commentary around secondaries. Could you comment on exits? Do people ever exit to banking, corp dev, corp fin?
Thanks!
I'm not sure why you'd want to exit to banking, corp dev, corp fin from Secondaries, but I suppose it would be possible.
Ya that's silly. Lots of secondary funds pay very well and most consider it a "final stop" type job.
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