Sumeru Equity Partners (Silver Lake spin-off)
Does anyone know much about the culture and compensation for Sumeru Equity Partners in the bay area? They spun out of Silverlake (Silverlake Sumeru was the MM fund of SL) ~6 years ago and seem to be focused on growthy buyouts in the software space.
On Fund III (~$750mm), which closed 5 years after the spin-out, so it seems like they're deploying capital pretty fast? Want to see if anyone has an idea of them as investors, and what compensation might look like for a firm like this. Would carry be offered at the associate level?