Thursday, 28 August 2014
Last updated 4 hours ago
Feb 25 2013 | 2:10pm ET
The two men atop Kohlberg Kravis Roberts each earned more than $135 million last year, beneficiaries of a rash of deals and dividends.
Henry Kravis and George Roberts were each paid more than $35 million in compensation, up about 17% from 2011. In addition, KKR's record dividend last year put another $106 million in Roberts' picket and $102 in Kravis'.
The big uptick in compensation is due primarily to the two mens' share of deal profits; each was paid a base salary of $300,000, unchanged for three years.
Kravis and Roberts weren't the only two KKR employees to enjoy an increase in compensation. Todd Fisher, the firm's chief accounting officer, was paid $15.2 million in 2012, and CFO William Janetschek $4.6 million.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...