Personal GP Loans
Personal Loans for GPs,
Backed by Your Carry
Use it for any investment, such as your GP commit or a down payment on a house. The loan is to you, not your fund.
The Problem
Large expected carry. Little liquid capital.
Like founders, many GPs are wealthy on paper and short on cash. Your carry can be worth far more than your bank balance, but it does not pay out until exits happen, and exits are taking longer than ever.
Meanwhile, GP commitment expectations have climbed to 2 to 5 percent of fund size. You are expected to write a bigger check into every new vehicle, and a home purchase will not wait for distributions.
Selling carry is not an option. It signals a lack of conviction to the very LPs you are trying to retain. Traditional lenders do not underwrite fund economics. And draining your personal balance sheet fund after fund is not sustainable.
You need a lender that underwrites the carry you have already earned.
The Solution
Personal credit, backed by your carry.
A Personal GP Loan is made to you as an individual, not to your fund. Borrow against your carried interest and keep your economics fully intact.
Credit Against Carry
Get liquidity against carry you have earned but not yet received, and put it into any investment, such as a down payment on a house.
GP Commitment Financing
Increase your commitment to your next fund and stay aligned with your LPs without draining personal capital.
Private and Non-Disruptive
No secondary sale that signals doubt. No back-levered fund structures that raise LP due diligence flags.
Application to funding in days
Turbine reviews your fund data to underwrite your carry. Your fund data stays secure and confidential.
Log into a secure portal to see your borrowing power based on current fund NAV.
Apply for a loan in minutes and access cash without selling your carry. Funding in as little as 1 week for funds already on Turbine, or 4 weeks for funds new to the platform.
