Carry is one of the most powerful tools a private fund manager has to attract talent, align incentives, and reward performance. Yet many managers struggle to design an allocation framework that is fair, motivating, and operationally workable. When carried interest...
Ask anyone who’s gone through the fund closing process what they hated the most, and they’ll probably say “dealing with subscription documents.” For the last few decades, subscription documents have been a long, drawn-out back and forth process between investors,...
Navigating Your Choices When it comes to fund administration, GPs and managers have two basic choices: in-house or outsource. Naturally, each option offers its own benefits, and each carries its own drawbacks. Nevertheless, it’s an important decision for the health...
Do you regularly feel moments of quiet reflection and focus? Do you love the sensation of details and numbers as they wash over you? Don’t worry. Most people don’t. And most fund managers? They’re too busy keeping their head in the game (and above water) to carefully...
For any business and any function, deciding whether to outsource can be a complicated equation of weighing the pros and cons. The positives and negatives of the decision generally rely on resources, costs, and overall company bandwidth. Some functions can be performed...
