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What is the role of an Operating Partner at a private equity fund?

Private Equity Funcast

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How to Budget Effectively

All expenses for that deal go against that deal. So it's not money we see. The idea is to keep a pool. It's important because there are some cases where, you know, partners get used to having a big net fee income check. And when they hire an operating partner, an expensive resource, typically, that's going to come out radically amongst what all the partners get for their NFI.

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