I am investing in a real estate partnership. I know the area, and it is a great investment from a business point of view. Naturally, the promoters who found this investment are not going to just give it away, they included this in the fine print:
Carried Interest: 25% subject to 8% preferred with catch up; then 50% after 18% hurdle with catch up.
So let's say that $100 is invested. Years 1-3, $15 is paid to investors, Year 4, everything is sold for $170. What do I get, and what do the sponsors get.
Submitted May 11, 2019 at 12:47AM by goinsouth69 http://bit.ly/2vQpYML
