Reward Matters Private Equity Special
Last January PwC has published a new edition of Reward Matters, the half-year magazine of PwC’s Executive Reward team. This special edition of Reward Matters concerns specific items on the remuneration and investment of management in the private equity environment. On the basis of a number of current issues, this publication provides insight into the developments with respect to management participation plans in private equity owned companies. In light of the evaluation of the lucrative investment rules an important discussion has been started up between the Dutch Ministry of Finance, the tax authorities and PwC in order to achieve more clarity on the current rules and a more consistent interpretation of the law.
In addition, the financial services companies in 2010 already faced with increasing legislation and regulations on governance, risk and rewards of transparency following the implementation of the CRD III European Directive into national legislation of EU member states. For so-called "Alternative Investment Funds (hedge funds etc.) more or less similar guidelines will be implemented which also directly have an impact on the reward and investment of investment fund and private equity managers.
In 2011, discussions on these issues will prominently be put on the agenda. Through this Reward Matters PwC intends to contribute to this discussion. This special edition includes the following topics:
- Evaluation of the new lucrative investment tax legislation;
- Restructuring investments in response to new market conditions;
- IPO readiness: an increasingly relevant consideration;
- Impact of new accounting rules on management investments; and
- The introduction of the AIFM Directive.
