What is a typical comp structure doing originations for a private debt fund?
The debt fund in particular does about $400MM per year in originations, roughly 65% residential and 35% commercial properties. Average loan size is $3-4MM.
My background is 15+ years acquisitions/asset management for primarily institutional capital.
Is there a typical formula for how these private debt groups comp folks who originate loans? i.e. what piece of the origination/exit fees are available as comp, etc? Are base salaries typically lower for these groups?
Biggest concern I have is that net/net, it’s a step backwards in terms of comp from the equity side and unless I’m able to get a piece of the overall business as a senior level partner, it’s not the right move.
bump, also in a private debt fund and would be curious on any responses.
Ut esse asperiores dolores nobis ea et. Reiciendis dicta ipsa necessitatibus rerum quia. Ea molestias architecto voluptatum. Nisi perferendis praesentium consequatur dolorem magni aut placeat. In culpa veniam sed exercitationem praesentium quibusdam.
Aut est veniam est nemo ut illum. Nobis et architecto officiis et veritatis nostrum. Rem nihil voluptatibus sed aut ut. Hic maiores temporibus atque hic sint velit culpa.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...