Jul 9, 2025

by

Dan Gray

GPs Face Perverse Incentives to Avoid Writing Down Dead Deals

Dan Gray: fee structures reward delay over honest portfolio marks

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Murph Capital Digital, LLC. 2026.

Murph capital is a new media and community for the next generation of emerging managers and allocators

PROUDLY builT IN USA

HANDCRAFTED by:

© All Rights Reserved.
Murph Capital Digital, LLC. 2026.

Murph capital is a new media and community for the next generation of emerging managers and allocators

PROUDLY builT IN USA

HANDCRAFTED by:

© All Rights Reserved.
Murph Capital Digital, LLC. 2026.