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A comment on Private equity groups that buy companies they own. Parent comment

Re:Private equity groups that buy companies they own by _uy6i on Thursday June 23, 2022 @12:30AM (#31845176)
Except I think in the case where I’m an LP in both funds I potentially pay an incentive fee in Old fund even if the value defines dramatically in new fund, so still could be bad for me
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Re:Private equity groups that buy companies they own by pevey on Thursday June 23, 2022 @12:47AM (#31845242)
This is true, it cashes out the carried interest as well, so if the new fund closes with a lower valuation for that investment, the investor was screwed out of more carried interest than should have been paid.
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