Carry/Fees/Coinvest in Comp
Hey monkeys I'm in late stage conversations with a entrepreneurial shop that has suggested that they will offer carry in each of the deals that we close. From researching and talking with friends it seems like carry in the deal can range pretty significantly, it can be at the deal or the fund level, and may or may not include other associated fees such as thefee or construction management fee￼. While I am eager to receive performance compensation/carry, I will honestly say I haven't had these types of conversations before and I'm not exactly sure how I should go about thinking about it and what my target range should be. Does anyone have any insight that they can offer on the first time that they went through negotiating a similarly structured compensation package?