Uploaded October 2025 | Updated September 2026, 2 weeks ago
Is crypto dead or just getting started. What happened to Alt Season, gold and silver running up… what do we think happens next
@dansmillionairecode and I run an 8 figure crypto investment fund and try to keep you up to date on what we’re seeing in the market
Not financial advice, make your own investment decisions.
Is crypto dead or just getting started. What happened to Alt Season, gold and silver running up… what do we think happens next
@dansmillionairecode and I run an 8 figure crypto investment fund and try to keep you up to date on what we’re seeing in the market
Not financial advice, make your own investment decisions.

![How Private Equity Funds REALLY Work: Full GP/LP Structure Explained
[NEW] Try Fund Launch AI here: https://beta.fundlaunch.com?sl=yt
Fund Launch AI helps investors design and launch their fund by chatting with AI.
With real lawyers in the loop to finalize and launch your fund.
Private equity sounds mysterious until you see how the money actually moves! In this video, Bridger Pennington breaks down exactly how a private equity fund is structured, how the GP/LP model works, and how fund managers get paid using a simple $50M fund example.
You’ll learn how PE firms raise capital, buy companies, grow them, and exit for a profit — all explained in a clear, beginner-friendly way.
What you’ll learn:
• How the GP/LP structure actually works
• How private equity funds raise and deploy capital
• Why PE uses capital calls
• How management fees and carried interest work
• The full lifecycle of a private equity fund
If you want a simple explanation of private equity fund structure — without the jargon — this video is for you.
CHAPTERS:
0:00 Intro
0:10 How Private Equity Funds Are Structured
2:20 How the GP/LP Model Works
3:40 $50 Million Private Equity Fund Example
5:02 The Waterfall Distribution
6:32 How General Partners Get Paid
7:09 $50 Million Fund Breakdown
11:10 How Fund Managers Actually Get Paid
12:28 Why This Fund Structure Works So Well
13:35 Outro
FOLLOW ME ON SOCIAL:
Follow Me on Instagram: https://www.instagram.com/bridger_pennington/?sl=youtube
Like My Page on Facebook: https://www.facebook.com/fundlaunchsecrets/?sl=youtube
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Connect on LinkedIn: https://www.linkedin.com/in/bridger-pennington-670035127/?sl=youtube
ABOUT BRIDGER PENNINGTON:
Bridger Pennington is the founder of 2 investment funds that have done over 217 deals in the last 4 years. Additionally, he currently manages an 8-figure hedge fund Ugly Unicorn and is a strategic advisor to 8 portfolio funds.
He has started helping others launch their own funds through Fund Launch, an online program with over 60,000 students designed to help them start investment funds without working on Wall Street or having an Ivy League degree. Last year they launched 130 student funds, and have 12 student funds over $100 million.
Bridger has spoken on stage to thousands of people across the United States and is determined to help entrepreneurs scale their businesses through launching their own funds.
DISCLAIMER: This is NOT financial or legal advice. Fund Launch’s experiences with using a fund strategy are unique to them. You should not consume this content with the expectation that you will have similar or the same results. All fund projects are subject to multiple variables and risks that make it impossible to predict success. Since we cannot predict success or provide you with information on what an average customer experience is by creating a fund, you should assume you will not have the same type of success or any success at all. We encourage you to seek out advice from other qualified professionals for advice on setting up your particular fund. How Private Equity Funds REALLY Work: Full GP/LP Structure Explained](https://i.ytimg.com/vi/n1bwGuW7Nqk/mqdefault.jpg)








![The Best (and Worst) Funds to Start in 2026
[NEW] Try Fund Launch AI here: https://beta.fundlaunch.com?sl=yt
Fund Launch AI helps investors design and launch their fund by chatting with AI.
With real lawyers in the loop to finalize and launch your fund.
If you’re thinking about launching an investment fund in 2026, this is the video you need to watch.
In this breakdown, I walk through:
• The funds I would start in 2026
• The fund types I would avoid
• And the ones I’m neutral on
We cover secondary funds, hedge funds, crypto funds, real estate funds, private credit, and early-stage venture capital — and how macro trends like AI, IPO cycles, interest rates, and market volatility are impacting each category.
Topics include:
Why secondary private equity funds may outperform
The headwinds hedge funds are facing
Real estate’s potential comeback
Private credit risks as rates fall
Venture capital in the AI era
Crypto volatility and fund structure
If you’re a fund manager, emerging sponsor, or LP evaluating fund strategies for 2026, this will help you think strategically about where opportunity — and risk — really sits.
Markets shift. Cycles matter. Fund selection matters even more. The Best (and Worst) Funds to Start in 2026](https://i.ytimg.com/vi/qAhWYZT8Sh8/mqdefault.jpg)