What carry % is market for direct deals? McGuireWoods LLP data suggests that 61% of all direct deals used tiered carry structures. For processes with "straight carry" i.e. no tiering, 20-25% carry is by far and away the most common, in 58% of cases. #directdeals #fundlesssponsor #independentsponsor #privateequity #pe #venturecapital #vc #alternatives Ternion
Ilan Jacobson Anthony Lipschitz Jared Kalish Justin Gimza: gents, Ed Stubbings is a force to be reckoned with on the other side of the pond, when it comes to independent sponsors. Highly recommend you guys following him
Very interesting, Ed. Good on the 5% that managed to secure +40%!
Professor of Financial Economics
7moIf that’s direct deals it means this is a pure deal by deal twenty percent . That’s crazy you can lose tons of money in your program and yet pay massive carry