Some interesting insights into Corporate VCs and how they are attracting and retaining talent MM&K, jointly with its fellow US GECN member firm, Farient, has recently conducted a survey of approaches to pay policies in Corporate owned Venture Capital (“CVC”) businesses. We see CVC firms breaking down into three categories, as follows: (1) integrated unit;…

September 1, 2020 Read more >

We are seeing many PE and infrastructure fund management firms recruiting right now, suggesting that there are likely to be some interesting movements in compensation levels in this sector during 2020, particularly at the investment director, associate and analyst levels. Access to reliable data will rarely be so important for HR and reward teams as…

July 30, 2020 Read more >

MM&K has recently conducted its annual Pulse Survey of the latest trends in the world of PE and VC Fund Managers’ pay and staffing levels. Perhaps not surprisingly, many firms were somewhat distracted by the Lockdown and the effect this was having on their staff and their working patterns. Notwithstanding this, we were able to…

June 29, 2020 Read more >

PE and VC fund management teams are working tirelessly to guide and support their portfolio companies. From our conversations with our Private Equity friends and clients, for the most part their biggest concern at this time is for their investee companies. Of course, they are not able to visit them and this has created issues.…

April 29, 2020 Read more >

2020 MM&K Private Equity / Venture Capital Pulse Survey This month MM&K launches its 2020 Private Equity / Venture Capital Pulse Survey. The Pulse Survey is a short survey that focuses on the most recent HR and compensation developments in the UK and European Private Equity / Venture Capital industry. The Pulse Survey is run…

February 28, 2020 Read more >

Some issues with the growing pressure from Investors for Management Teams to have larger and larger amounts of skin in the game, both in listed and private equity situations The Principles of Remuneration that were published by the Investment Association (the “IA”) in November 2019 include the following words: “Executive directors and senior executives should…

February 28, 2020 Read more >

European PE Activity in 2019 It appears that 2019 was another very good year for the European Private Equity Industry.  The year set a new annual record for European PE fundraising with €86bn raised across 89 fund entities. The year was also a good year for PE deal activity which in value terms was the…

January 22, 2020 Read more >

MM&K and its partner firm in the US, Holt Private Equity Consultants, have published their 2019 Survey Reports on Compensation in the UK and North American Private Equity and Venture Capital Fund Management industries. Nigel Mills reflects on some of the key findings in the Reports with regard to pay levels on both sides of…

November 25, 2019 Read more >

Nigel Mills reflects on some of the key findings in the Report which supports the hypothesis that this sector is in boom times. On 14th October MM&K published its 2019 European Private Equity and Venture Capital Compensation Report. The Report is derived from the Survey that we conducted in the year into pay and incentive…

October 25, 2019 Read more >

The recent changes proposed by the FCA due to the Woodford Investments situation should be an important reminder to private companies as well as listed ones Recently, the FCA advised that it would finally be going ahead with a rule change that it proposed last October. Under this change of rules, a new investment category…

October 24, 2019 Read more >

The World of Private Equity and Remuneration Therein The private equity world continues to come up with ever more impressive and somewhat surprising stories. In the last few days EQT, the Swedish private equity fund management group has IPO’d on the Swedish Stock Exchange, valuing the business at an astonishing €7bn. The shares made an…

September 24, 2019 Read more >

Competition for Talent in the UK Private Equity Industry is as keen as ever There is no doubt that the Private Equity and Venture Capital landscape is becoming even more crowded, with new funds successfully being raised and an almost unbelievable level of “dry powder” available to be invested worldwide.  Apparently, the global figure has…

July 22, 2019 Read more >