Two thirds of PE professionals expect reduction in carry – survey
Two of thirds of private equity professionals surveyed by PER expect a reduction in carried interest values in the next 6-12 months.
This represents an increase of 14% in the number of professionals with this outlook on the previous month's survey. The majority of this group also expect payments to be delayed.
In addition, more than half of the partners and directors surveyed expect bonuses to reduce, with two thirds of this group expecting a modest decrease in value, while 20% foresee bonuses reduced by 50%.
The survey also measured attitudes to remote working. Of the respondents, 30% do not expect a full return to the office before 2021, while nearly 80% expect to have started their phased return by the end of August, with 20% saying they have no plans to return to the office before September of 2020.
PER's online survey was conducted in May 2020, with participation from 301 private equity professionals. Respondents were based around the world in the following breakdown: 47% in the UK, 32% in the rest of Europe and the remainder in other locations around the world. Participants' job titles included 34% partners, 27% directors and the remainder in more junior positions.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









