In Citywire Selector's article Bonuses Under Pressure in Tough Market for Private Assets Firms, Charlie Apfelbach shares perspectives from Preqin's 2024 Private Capital Compensation and Employment Review.
From the article:
‘There is a growing concern that currently unfavourable market conditions will negatively impact the value of outstanding carried interest awards,’ said Charlie Apfelbach, director, compensation consulting at Ferguson Partners, which conducted the survey in Preqin’s report.
‘Due to the uncertainty around long-term incentive values (namely carry) and the investment environment more broadly, firms are considering other avenues to bolster compensation programs,’ Apfelbach said.
Read the complete article at Citywire Selector.
For additional information, please contact Charlie Apfelbach.