Commission of LP equity at REPE

Heard about people getting 1% of whatever they bring in. My shop does not do it, but bringing in capital is the only way to move up in the firm/get good bonuses so its practically a requirement at every level.

Every major brokerage shop has a capital markets team sourcing LP equity.  Commissions are usually 0.50%-1.5% of the equity sourced.  In-house guys sourcing equity for their firm's deals may have a bonus structure for equity raised, same if you work for a capital provider and you place a certain $ amount in a given year.  Those numbers can fluctuate shop to shop, market to market.   

2%-3% is market rate for Equity, Mezzanine or Pref. Sometimes for programmatic relationships, deals are structured as a recurring payment for deals done after the first deal.