Tuesday, 16 September 2014
Last updated 11 hours ago
Apr 4 2008 | 2:00am ET
Certain members of GLG Partner’s management team may be closer to buying the yachts of their dreams, if they haven’t already done so.
According to Securities & Exchange Commission filings, the firm’s compensation committee last month established performance goals for Chief Operating Officer Simon White, CFO Jeffrey Rojek and Alejandro San Miguel, general counsel and corporate secretary.
The committee established a notional bonus pool amount of $9 million for 2008, which would be divided up in cash to the executive officers if certain performance goals were satisfied. However, no bonus will be paid to the executives if the firm’s net assets under management fall below a certain minimum performance target amount.
GLG said it believes that the target net AUM amount, which has not been determined, for 2008 is set at a level achievable if it meets its current business plan.
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…
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