Culture as a value lever That PE investors are thinking about culture as a value lever should not be surprising. Recent discussions between PE boards and operating partners highlight that even the most detailed playbooks, growth targets and process improvement plans can be undermined if culture and incentives are misaligned. Growth in fund value is…

March 2, 2026 Read more >

The UK economy needs to grow. That is the simple message (and fervent hope) of the Government. It is welcoming to see steps already being taken to support this, for example via the proposed changes to the Enterprise Management Incentive scheme (see our reporting of this here – Employee Share Schemes). This quest for nurturing…

February 25, 2026 Read more >

MM&K’s annual Private Equity and Venture Capital Compensation Survey continues to provide one of the most comprehensive analyses of remuneration trends across the industry. Drawing on data from a wide cross-section of firms, the survey captures salary movements, bonus structures, long-term incentives (LTIs) including carry, and broader talent dynamics shaping the market. The 2025 findings…

February 23, 2026 Read more >

Many organisations talk about culture, but few have robust evidence of how effectively it supports strategic objectives. According to our most recent Life in the Boardroom report (a survey of UK board Chairs and Non‑Executive Directors) 66 % of directors reported strong alignment between their organisation’s culture, values, and strategic objectives, with NEDs playing a proactive…

February 22, 2026 Read more >

For the 2025/26 edition of Life in the Boardroom, MM&K collected responses from Chairs and NEDs who hold a total of 435 board appointments, surveying them on their fees, their use of time, and their opinions and experiences on topics such as board governance, board effectiveness, and more. The survey highlights a clear and consistent…

February 20, 2026 Read more >

Depending on your bonus culture, January may be when discretionary awards for 2025 are being decided, for others, this is when their “balanced scorecard” for 2026 is being reviewed and updated. Either way, now is the time when decisions will be made around where bonus monies (actual or potential) will be deployed. And for businesses…

January 21, 2026 Read more >

In December 2025, HM Revenue & Customs published the Employment Related Securities Bulletin (November 2025). The bulletin contains details from Autumn Budget 2025, including on the Private Intermittent Securities and Capital Exchange System (PISCES), Enterprise Management Incentives (EMI) and the published summary of responses to the Share Incentive Plans (SIP) and Save As You Earn…

January 21, 2026 Read more >

Boards focus on how culture enables strategy, shapes risk, drives leadership, and creates long-term value. Yet measuring culture is complex. Research by Russell Reynolds Associates shows that only 53% of board directors feel they have sufficient data to assess corporate culture, highlighting a persistent gap between intent and insight. Engagement surveys capture sentiment at a…

January 21, 2026 Read more >

Boards are more than decision-making bodies; they are the custodians of organisational culture, strategic alignment, and long-term value creation. In the most recent Life in the Boardroom webinar, moderated by Katya Gorbatiouk (Head of Investment Funds at the London Stock Exchange), Paul Norris (Senior Partner, MM&K), Kieran Moynihan (Managing Partner, Board Excellence), Fiona Hathorn (CEO, WB…

January 20, 2026 Read more >

MM&K has published its 2025 European Private Equity and Venture Capital Compensation Report. Now in its 30th year, the study remains one of the most comprehensive sources of compensation and workforce data across the European private capital industry. The 2025 Report draws on extensive participation from private equity and venture capital firms across Europe, providing…

January 19, 2026 Read more >

Following the launch of our first-ever Africa Compensation Survey for the African Private Equity and Venture Capital Industry (originally announced on 11 November 2025), we are pleased to confirm that survey participation remains open and the deadline for submissions has been extended to the end of March 2026. The survey continues to gather market-leading data…

January 19, 2026 Read more >

We are delighted to announce that MM&K has published the 2025-2026 Life in the Boardroom Report presenting the findings from our 2025 survey of board Chairs and Non-executive Directors (NEDs). The Report provides in-depth insights into directors’ fees and time commitments, as well as their views on a range of topical board issues. Drawing exclusively…

January 16, 2026 Read more >