Deal-By-Deal Carry
also known as: whole-fund carry
Same trade-off as European vs. American waterfalls, framed from the GP's compensation perspective.
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Whole-Fund vs. Deal-by-Deal Carry →6 min read · carry
Related terms
- Whole-Fund CarrySame trade-off as European vs. American waterfalls, framed from the GP's compensation perspective.
- American WaterfallFund-level vs. deal-by-deal accounting, why each exists, and who each one favors.
- Carried InterestDefinitions, common splits (80/20, 70/30, tiered promotes), and the tax background that shapes them.
- CarryDefinitions, common splits (80/20, 70/30, tiered promotes), and the tax background that shapes them.
- Claw-BackWhen clawbacks trigger, how escrow vs. personal-guarantee structures differ, and what 'after-tax' clawback really means.
- ClawbackWhen clawbacks trigger, how escrow vs. personal-guarantee structures differ, and what 'after-tax' clawback really means.
- European WaterfallFund-level vs. deal-by-deal accounting, why each exists, and who each one favors.
- GP SplitDefinitions, common splits (80/20, 70/30, tiered promotes), and the tax background that shapes them.