Carried interest is a complex topic, even for the seasoned fund manager.
San Diego, CA (PRWEB) October 30, 2011
Job Search Digest, the online career service that provides a private equity jobs database, has released The Private Equity Professional's Guide to Carried Interest.
The Guide explains the structure of a private equity firm, allowing professionals to have a better understanding of:
- Carried interest factors
- Equity-based carry
- Hurdle rates
- Escrow and claw-back
- Accounting for carry
"Carried interest is a complex topic, even for the seasoned fund manager. Our goal is to provide private equity professionals with the comprehensive resources for understanding compensation practices in their field," said says David Kochanek, publisher of Private Equity Jobs Digest.
Carried interest is a percentage of a fund's profit that is paid to managers of the private equity funds as compensation. Private equity firms use carried interest as an incentive for fund managers to align their financial interest with the fund's investors.
Private equity professionals can view the guide in its entirety, free of charge at http://www.jobsearchdigest.com/private_equity_jobs/career_advice/carried_interest_guide.
"Understanding carry is essential for private equity professionals because it serves as an incentive for fund managers to align their interest with the fund investors. This ensures investors are making better investments that result in a larger return -- of which managers will receive a percentage. For these professionals, their private equity pay is based upon salary, bonuses and carried interest." says Kochanek.
The new Private Equity Professional's Guide to Carried Interest is one of many free resources offered by Job Search Digest. The firm has helped private equity investment professionals find quality employment leads since 2002. Along with online guides, Job Search Digest also offers a variety of tools to give Private Equity job seekers a competitive advantage in their job search, including access to exclusive job listings, a database of private equity recruiters, as well as articles that provide insights into private equity careers.
About Job Search Digest
Job Search Digest is an online job listing resource for investment banking, hedge fund and private equity jobs. By conveniently combining financial job listings into one quick search, Job Search Digest helps job seekers maximize their opportunity to secure financial positions with respected firms. Additionally, Job Search Digest offers a valuable Private Equity Compensation Report to give job seekers a competitive advantage in today's recruiting environment.