What are the typical terms (interest rate payback period) for a loan to the GP for the GP commit? I ask out of curiosity not because we are considering this for fund I
May 03, 2023
A fund manager taking out a loan for the GP commit is not commonly done. More commonly, the fund manager can sell a part of the GP entity for money to use for building the firm and for the GP commit. However this must be done correctly and with the appropriate legal agreements.