Fellow Searchers,

I am wondering what is the typical inventive structure for Operators/GPs for a fund with roll-up business model (meaning many smaller acquisitions for economies of scale instead of 1 searched company).

I am especially interested in answering those questions:
1. Is there any typical incentive/payout structure in roll-up model like in stricte search fund model?
2. What is probable equity range?
3. Is there any profit sharing or/and management fee? (like one could observe in PE funds)

Thanks in advance!