Act 5 · Carry Allocation
Team Carry Pool
$335M total carry · 7 team members · 100% allocated
Investment Thesis
Alignment Through Ownership: Carry as Retention Engine
The carry pool structure ties team economics directly to fund performance, ensuring every investment professional has meaningful upside. Our allocation methodology weights deal leadership, board service, and value creation contribution.
Implication 1
Partners and MDs hold 68% of carry points — reflecting deal origination responsibility and LP relationship management.
Implication 2
The 30% escrow holdback and 5-year vesting create $47M in unvested "golden handcuffs" across the team.
Total Carry Pool
$335M
At current NAV
Team Members
7
Carry participants
Vesting Period
5 years
1-year cliff
Escrow Holdback
30%
Clawback protection
Allocated
100%Full
Of total points
Carry Point Allocation
James HartwellFounder & Managing Partner
30%$100.4M
Victoria ChenPartner, Healthcare
25%$83.7M
Marcus WebbPartner, Industrials
20%$66.9M
Sarah KimManaging Director, Technology
12%$40.2M
Robert AlvarezPrincipal
7%$23.4M
Emily ZhangVice President
4%$13.4M
Daniel TorresAssociate
2%$6.7M
Team Compensation Summary
7 professionals| Name | Level | Base | Bonus | Cash Comp | Carry % | Est. Carry | Total Value |
|---|---|---|---|---|---|---|---|
| James Hartwell | Partner | $750K | $1500K | $2.25M | 30% | $100.4M | $111.7M |
| Victoria Chen | Partner | $650K | $1200K | $1.85M | 25% | $83.7M | $92.9M |
| Marcus Webb | Partner | $600K | $1000K | $1.60M | 20% | $66.9M | $74.9M |
| Sarah Kim | Managing Director | $500K | $750K | $1.25M | 12% | $40.2M | $46.4M |
| Robert Alvarez | Principal | $375K | $400K | $0.78M | 7% | $23.4M | $27.3M |
| Emily Zhang | Vice President | $300K | $250K | $0.55M | 4% | $13.4M | $16.1M |
| Daniel Torres | Associate | $225K | $150K | $0.38M | 2% | $6.7M | $8.6M |
Total Value = 5-year cash compensation + estimated carried interest at current NAV. Carry subject to vesting and clawback.