Intellectual Capital

“Because I’m Worth It!”

Written by Raoul Kamath

That revolutionary phrase was coined by McCann Erickson for their client L’Oréal in 1973. Fast forward to the years since the Financial Crisis of 2008 and “Financial Wellness” is the buzz phrase for the corporate world’s answer to one of the most diverse employee pools in modern times – the Baby […]

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Tackling the Talent Risk

Written by EWM Global

Why financial firms need to do more to attract and keep the best The industry that emerged from the chaos of the banking crisis is one that is far more efficient, robust, transparent and risk-conscious than its former self. Much of this change has been tied in some way to the […]

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The Silent Carry Crisis Brewing in Private Equity

Written by EWM Global

Private equity has undergone a staggering transformation in the decade since the global banking crisis. What was once a relatively niche and informal corner of the international financial ecosystem has blossomed into a major […]

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Voluntary Deferred Compensation (VDC) Plans Outside the US: A 2019 Update

Written by Geoff Gottlieb

Perception: voluntary deferred compensation (“VDC”) plans don’t work outside the US In our conversations with US multinational companies sponsoring VDC plans for their domestic employees and with tax/legal advisors to such firms, we frequently hear that an effective voluntary deferral […]

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The Spreadsheet Game

Written by Tom Pittman

We met with the CFO of a private equity firm this week where we heard a common theme. The company is a medium sized buyout firm with ~ $3B AUM, three active funds plus one more in the fund raising period. They have thirty members […]

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How to Motivate Your Investment Team Over Longer Holding Periods

Written by Raoul Kamath

As far as one can remember, the standard private equity “holding period” – the time between buying and selling a portfolio company – typically averaged between 5 and 7 years, and followed the capital raising to distribution cycle adopted by almost any firm that invested in the private capital space. However, […]

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The Definitive Guide to Carried Interest

Written by Robert Hagmeier

EWM Global is pleased to announce its contribution to Private Equity International’s publication, “The Definitive Guide to Carried Interest”. Our seasoned team collaborated to write the book’s Employee Incentive Structures chapter to provide insight into best practices from an executive viewpoint and to highlight key considerations for establishing and structuring carried […]

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Interview with Tom Pittman by Wells Fargo Prime Services Business Consulting

Written by Wells Fargo Prime Services

Hybrid hedge funds, which take a longer term investment focus, have the additional compensation component of a returns distribution waterfall. What is the distribution waterfall and what is the typical profit split in this type of investment period? The typical split is 80/20 where the LP gets 80% of profits on an investment exit and the GP keeps […]

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Interview with Wolfgang Schroter and Tom Pittman by PFM Magazine

Written by PFM Magazine

EWM Global’s CEO Wolfgang Schroter and CMO Tom Pittman call out the pain points for private equity firms administering their carried interest plans in-house. As managers expand their fund franchises and grow their deal teams, often with uniquely structured vehicles, […]

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Ready or Naught? Maintaining Your Competitive Advantage in a Time of Uncertainty and Beyond

Written by Plan Sponsor

The challenges associated with offering creative and effective executive compensation programs have always loomed large for employers, but never more so than today when the combination of volatile markets, an uncertain economic environment, and the specter of expanded regulation have […]

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Pay Back Time: Expect Shifts in Executive Compensation as it Comes Under Increasing Scrutiny

Written by Judy Ward, Illustrated by Nigel Buchanan

Royal Dutch Shell’s February announcement, following a shareholder revolt, that it would freeze executive directors’ salaries for a year as it reviews their compensation packages speaks to the reality of Europe’s compensation controversy: It is not just for banks anymore. “Financial services got all the headlines, but executive pay is […]

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Hedging Deferred Compensation Risk Economically: What Every Executive Must Know

Written by Geoff Gottlieb

The recent turmoil in financial markets has raised significant concerns over non qualified deferred compensation (NQDC) plans for executives and employers alike. If structured properly, an NQDC plan can be a valuable tool for helping executives meet their long-term wealth objectives through […]

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