Incentivisation arrangements
Darwin Private Equity
Advised Darwin Private Equity in relation to a flexible incentivisation arrangement to provide tax-efficient rewards to its investment team. Darwin is an independent private equity firm managing £200m of commitments.
Greenhill Capital Partners Europe
Advised Greenhill in relation to an incentive scheme whose aim was to ensure rewards matched an executive’s contribution to the performance of their investments. Greenhill Capital Partners Europe manages a private equity fund of £191m in capital. Over 35 per cent of the capital comes from Greenhill and its employees.
Langholm Capital
Advised Langholm Capital in relation to the incentive arrangements for both of their funds, which comprise carried interest as well as co-investment arrangements. Langholm Capital is a fund manager focusing on high growth, consumer-oriented companies.
LXB Retail Properties plc
Advised LXB Retail Properties plc in relation to tax-efficient incentivisation arrangements for a listed vehicle, using limited partnerships below the level of listco.
Parallel Private Equity
Advised Parallel Private Equity in relation to an incentive scheme for its deal originators. The arrangements enabled participants to select between carried interest or co-investment elements on an annual basis. Parallel Private Equity is a leading co-investor that has invested over £1.3bn since its establishment in 1997.
Pinder Fry and Benjamin
Advised Pinder Fry and Benjamin in relation to a data centre fund structured as a corporate vehicle, implementing incentives through a management share class. PFB specialise in commercial property investments.
