Macro Finance
When 20% of Profits Won’t Do, Fund Managers Seek ‘Super Carry’
Bloomberg Markets·October 7, 2026·1 min read
Parthenon Capital Partners, when extending control of Kroll Bond Rating Agency, also sought a higher share of profits—known as 'super carry'—to manage a new fund holding the prized portfolio company. This move highlights how private equity firms are demanding greater returns beyond standard profit-sharing arrangements.
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