Anyone here with experience charging at risk fees? Specifically, positioning fees as a coinvestment to PE clients or actually receiving shares in companies. Curious if this is common practice and additional ways Partners build wealth, I’ve heard Bain use to do this back in the day before dot com bubble.

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At risk fees is basically the way of the future for most large transformation programs - whether in $$$ or equity. My firm (A&M) does both the former and the latter (in some limited instances, and yes, with PEs)

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UK firm tends to do this a fair amount, US less so. If you have connections across the pond reach out and see if they can give you some thoughts.

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Depending on the type of work this can be challenging (IT implementations) routine (sourcing) or somewhere in between. Highly doubt we will reach the point of taking equity stakes as compensation based on our risk appetite. I have experience as EL on multiple at risk projects, DM if you want.

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/x-post from the Consulting Bowl/

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