In the MF syndication space, if someone is on the team specifically for management of the asset and it’s operations what’s their usual % of the GP split
Looking into starting a fund but not sure on this area
[{"id": "j085eh7", "text": "No skin in the game - salary\n\nNo skin in the game but a great track record - salary +1-5%\n\nSkin in the game - salary +equity stake comparable to how much", "replies": [], "depth": 1}, {"id": "j08fb5p", "text": "Management doesn\u2019t /typically/ get any % of the GP split.", "replies": [{"id": "j08r8bf", "text": "I think he's talking about asset management, not property management.", "replies": [], "depth": 2}], "depth": 1}, {"id": "j09rjbv", "text": "Zero.  Maybe a cut of residual if the asset management plan in place over-performs relative to baseline projections. Otherwise, nada. AM doesn\u2019t usually get any split.", "replies": [], "depth": 1}, {"id": "j0ap6ja", "text": "If not salaried to oversee a company portfolio and just a one off syndication providing sweat in exchange for hope certificates, then 5-15% of the GP and a weighted portion of any ongoing asset management fee.", "replies": [], "depth": 1}]