Michael Sirkin, US Chairman and Managing Director, examines who should benefit from unallocated, forfeited and repurchased management incentive equity at exit, contrasting European ringfencing practice with the more varied approach of US sponsors.
Michael Sirkin, US Chairman and Managing Director, examines who should benefit from unallocated, forfeited and repurchased management incentive equity at exit, contrasting European ringfencing practice with the more varied approach of US sponsors.