Top venture capital firms command premium carry above the standard 20%
Lisa Edgar · 20VC: Inside The Mind of A Leading LP: How LPs Evaluate New Fund Managers on Everything from First Meeting to Portfolio Construction To Fees and Carry with Lisa Edgar, Managing Director @ Top Tier Capital Partners · Nov 4, 2019 · at 19:38
Lisa Edgar, Managing Director at Top Tier Capital Partners, discusses standard versus premium fee structures in private equity and top-tier venture capital funds.
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“So VC is not a two and 20 world. PE is, but a lot of VC isn't, and certainly when I say that, I really mean the top players. I mean, they have premium carry, and we are fortunate enough to have a portfolio of a lot of that.”
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