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20%
Shouldn’t you be in an employee co-invest?
Both jobs I’ve seen and talked to 3rd party recruiters about in the SF area have been 30%
Both were about 130-150k base salary, 30% bonus, much better 401k match (one job even had 15% contribution with no vesting and no employee contribution required), and 100% medical premiums paid by employer.
Downside is that both were not open to remote or a hybrid model post COVID. Both were not open to H-1B candidates either.
Very very little mid market PE/Hedge funds are open to H1B, only the large shops have H1B but at that level they outsource their accounting department to fund admins.