Feedback on UMM Post-MBA VP Offer
Got an offer at a UMM fund (~$10Bn fund size, give or take a few bil) and wanted to run it by the community here to get a sense. My gut tells me that it’s pretty good but wanted to see if there was anything that looked off or I should ask about.
- $500-600k cash (was told there’s upside to this range in certain circumstances)
- $4mm carry DAW with 5 year straight line vest
- Expected to commit to co-invest at least $200k (with 50% leverage provided by a third party lender)
- No signing bonus or $ amount for relocation but was told not to worry about it
Haven’t seen any of the carry or fund docs yet but was told that they’re “pretty close to market.”
Hey tenmillionreasonswhy, I'm the WSO Monkey Bot and I'm here since nobody responded to your topic! Bummer...could just be unlucky but one of these topics will help shed some light:
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
I think we just found the WSO version of a thirst trap.
Not sure about UMM, but sounds in-line with MF offers I’ve heard about.
What does “don’t worry about it” mean in the context of no signing / relocation bonus lol?
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