2009-11-09 10:36:04 -
Research and Markets ( www.researchandmarkets.com/research/371778/2010_private_equit :
) has announced the addition of the " 2010 Private Equity Compensation and Employment Review :
" report to their offering.
A source of reliable and accurate information on the latest trends in private equity compensation and employment is a vital tool enabling decision-makers and advisors to examine existing compensation practices against wider
industry benchmarks.
Private Equity Compensation and Employment Review has been produced in collaboration with leading compensation consultants FPL Associates. It includes information for 13 different positions using data on hundreds of employees actively employed by over 50 leading private equity firms worldwide. It also includes the results of our detailed survey on all different aspects of compensation practices.
In addition, the Review also investigates firm level compensation (management fees, carry etc), employment within the industry over time, centres of activity, economies of scale and a study from leading legal firm Baker & McKenzie on tax structures within private equity compensation.
Full contents include.
- Private equity compensation by position
- Survey of compensation practices at private equity firms
- Overview of firm level compensation
- Tax structures within private equity compensation (Baker & McKenzie)
- Current employment within the private equity industry
- Growth of the PE industry over time
- Centres of employment activity
Key Topics Covered:
1. Executive Summary
2. Data Sources/Methodology
3. Evolution of the Private Equity Industry - Growth in No. of Active Firms over Time
Private equity fundraising over time; number of active firms over time; number of active firms over time by strategy; number of active firms over time by location
4. Current Employment within the Private Equity Industry
Total worldwide employment within the industry; employment by country; employment by city; employment by firm type; employment by firm size; number of employees per $1 billion in assets under management; share of employees by firm size for buyout, venture and real estate firms; number of offices maintained by private equity firms
5. Overview of Firm Level Compensation
Management fees during investment period; management fees by fund size for buyout and venture funds; trends in management fees by vintage year for buyout and venture funds of different sizes; management fee reductions after investment period; carried interest; basis for charging carried interest; hurdle rates; share of transaction and other fees kept by GPs
6. Survey of Compensation Practices at Private Equity Firms
Percentage change in base salaries from 2008 to 2009; percentage of bonus pool paid out; change in bonus pools compared to previous year; actions taken by companies regarding base salaries, incentives, benefits and staffing; proportion of carried interest allocated to management team; strategies used to grant carried interest to participants; average carried interest vesting schedules; effect on the vested and unvested portions of an employee's interest under various termination scenarios at buyout and venture firms; average number of investments and boards on which partners serve; average capital allocated to partners; average allocation of partners' time
7. Private Equity Compensation by Position
Listings of (25th percentile, median, average and 75th percentile of) base salary, total annual cash compensation, long-term incentive plus carried interest award, and total remuneration for: managing general partner, senior managing director/advisor, managing director/partner, director/principal, senior associate, associate, analyst, chief operating officer, chief financial officer, controller, administrative manager/office manager, head of investor relations, chief legal counsel
8. Tax Structures in Private Equity Compensation - Baker & McKenzie
9. Figure Index
10. Other Preqin Publications
For more information visit
www.researchandmarkets.com/research/371778/2010_private_equit :
Research and MarketsLaura Wood, Senior Manager,
press@researchandmarkets.com : mailto:press@researchandmarkets.com U.S.
Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716