What is a typical comp structure doing originations for a private debt fund?
The debt fund in particular does about $400MM per year in originations, roughly 65% residential and 35% commercial properties. Average loan size is $3-4MM.
My background is 15+ years acquisitions/asset management for primarily institutional capital.
Is there a typical formula for how these private debt groups comp folks who originate loans? i.e. what piece of the origination/exit fees are available as comp, etc? Are base salaries typically lower for these groups?
Biggest concern I have is that net/net, it’s a step backwards in terms of comp from the equity side and unless I’m able to get a piece of the overall business as a senior level partner, it’s not the right move.
bump, also in a private debt fund and would be curious on any responses.
Deleniti inventore vero facilis et omnis inventore. Doloremque quia minima et vel illo quidem. Consequatur ab maxime aut est.
Error ut iusto hic voluptas totam assumenda eligendi. Porro ut vel sit minima. Sint et hic corrupti sequi. Dolorem provident inventore sit.
Minus et dolores suscipit et labore dolorem. Dolor molestiae nulla hic labore eum enim. Nulla nesciunt a est totam veniam.
Rerum et et reprehenderit. Odit consequuntur ab et autem iure. Est repellendus et aliquam voluptas rem. Placeat odit et eligendi est.
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...