What does 'roll a couple logs' mean?
A few years ago I interned for a hedge fund manager that was struggling to grow AUM. The ex-GS banker that was in charge of raising capital advised the manager to quit the hedge fund and join an established firm. I think he said, "they'll roll you a couple logs." I took this to mean they'll pay him $2 million/yr, or maybe 2% of assets, but I can't find any reference to it online. Anyone know what this means?