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Fundraising

How Long Can Partners Work on Fund Formation Without Compensation, Maintain Side Jobs, and Pay Themselves After the First Capital Call?

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May 03, 2023
How long do partners have to work on fund formation without being compensated? Is it possible to have a side job during this period? Can you pay yourself after the first capital call?
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Mike Suprovici
Accepted Answer
May 03, 2023
You will pay yourself with the 1st capital call. It is possible to have a side job before you do the 1st capital call.
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