Private Equity
Carried Interest Waterfall Explained: How GPs Actually Get Paid
Carried interest is the general partner's share of fund profits, typically 20%, and it flows through a four-tier waterfall that determines exactly when...
Jeff Barnes, MBA··11 min read
Private Equity
The GP Catch-Up Provision in Private Equity: What It Really Costs You
TL;DR: The GP catch-up provision is the single line item in a private equity limited partnership agreement most likely to be missing from the pitch deck you were shown. It sits between the preferred...
Jeff Barnes, MBA··10 min read