Asset Managers Mull Pay War With Alts Firms
Financial News
Asset managers pushing into private markets have turned to pay specialists for advice on how to overhaul their compensation structures to compete with some of the world’s biggest alternative firms.
Traditional asset managers typically lag private equity firms on compensation so are considering shaking up the way they pay top executives. Possible changes include using lucrative carried interest payments, remuneration experts say…
“The use of carried interest will increase at traditional asset managers and other firms, partly to signal their commitment to the private markets business,” said Alan Johnson, founder of US-based remuneration advisory firm Johnson Associates.
Johnson said the carried interest BlackRock and Goldman Sachs awarded to Fink and Solomon was more of a “symbolic” move.
Financial News / July 13, 2025
