John Bakie joined Private Debt Investor in November 2017 as news editor. He has spent over a decade covering a wide range of financial services including private equity, venture capital, retail investment, securities trading and asset custody.
Private equity, which still offers the largest carry and salary, typically pays lower bonuses, according to research by salary comparison firm Emolument.
LIBOR has underpinned financial products for decades. But it could be phased out in less than three years, with huge implications for private debt lenders.
Private equity, real assets, private credit and real estate are set to benefit from a shift away from public equities, according to the asset manager’s latest survey.