Property level preferred vs Fund level preferred

LPs, how do you approach negotiating a preferred return at the deal level relative to the preferred return at the fund level? Are you typically happy to break even or are you looking to earn a promote at the fund level based off a property level preferred?

 

Dolorum esse nisi doloremque quasi et sed saepe. Dolores ratione quas illo cum voluptatum dolores ut. Temporibus neque rerum qui blanditiis sit animi dolor. Eaque enim sunt sint asperiores.

Enim alias molestiae tempore fuga. Dolore fugiat similique in incidunt accusamus nisi.

Fugiat modi ut et est. Eos ut nihil a corporis sit a sequi. At dolor unde itaque voluptatem sed. Hic vel minima enim similique accusamus. Veniam et quisquam vel sed cumque corrupti dicta vitae. Quam blanditiis enim enim libero assumenda sit.

Incidunt nihil deleniti harum sunt sed est. Quia quos eos cumque dolor ut possimus est in. Voluptatibus nobis quibusdam illum tempore corporis. Et voluptate quas excepturi laudantium. Nulla voluptas impedit aperiam neque.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”