PE Barons Are No Longer Filthy Stinking Rich
Glocap and Thomson Reuters released their private equity compensation report this week, but unlike last year, they're not sharing even a tiny bit of detailed information beyond the press release. A bit frustrating since peHUB is also published by Thomson Reuters, but here's the most interesting tidbits we can report: -Growth in private equity salaries has officially stopped. Abruptly even. You may remember last year that, despite market turmoil and massive layoffs in the finance sector, buyout firms still managed to give themselves raises. That's no longer the case, Glocap has found. "While some funds are keeping compensation flat, the net result is that compensation across all segments of the market is trending down," the report states. That includes venture firms, buyout shops, growth investors, and funds of funds.
