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THE 2019 PREQIN PRIVATE CAPITALCOMPENSATION AND EMPLOYMENT REVIEWA COMPREHENSIVE GUIDE TO INDUSTRY COMPENSATION PRACTICES
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW – SAMPLE PAGES1. EXECUTIVE SUMMARYwas used to compile meaningful statisticscovering a wide range of positions at thesefirms, from junior-level professionals tosenior executives. This book looks at basesalary, total annual cash compensation,long-term incentive award, promote/carried interest award and totalremuneration, and separates this dataout by firm size, geographic market andfund type where possible. The data andanalysis contained in this book encompassthe major private capital strategies –including buyout, growth, venture capital,mezzanine, real estate, natural resourcesand infrastructure.736%in a range of strategies, with the largestproportions managing real estate (47%)and growth (36%) funds. The vast majority(79%) of firms have offices in the US,reflective of the concentration of privatecapital employees in the region.PRIVATE CAPITAL FUNDRAISING PARFOR THE COURSEThe private capital industry has witnessedyear-on-year increases in both the numberof funds closed and aggregate capitalraised in recent years (Fig. 1.3). 2017 sawa slight dip in this trajectory: althoughaggregate capital raised continued to16%6%2%Other3%Fund of FundsReal EstateInfrastructure7%Natural Resources8%Private DebtMezzanine11%6%Distressed/Special SituationsPARTICIPATING FIRMSWe are extremely grateful to all the firmsthat participated in this important study,the demographics of which are brokendown in Figs. 1.1-1.2 by type and location.Participants of varying sizes are involved27%GrowthAnother key feature of this publication isthe information on employment withinthe private capital industry worldwide.Preqin’s databases cover a wide rangeof asset classes, which allows us toprovide meaningful estimates on levelsof employment by primary firm strategyand firm size across both direct funds andfunds of funds.Venture CapitalWe conducted an in-depth survey of106 leading private capital firms acrossprivate equity, private debt, real estate,infrastructure and natural resourcesmarkets to gain a better understandingof current compensation practices andremuneration levels. The collected data47%BuyoutPreqin has partnered with FPLAssociates to produce The2019 Preqin Private CapitalCompensation and EmploymentReview, which presents themost up-to-date data and trends oncompensation and employment in theprivate capital industry.Fig. 1.1: Fund Types in Which Participating Firms Are InvolvedFig. 1.2: Geographic Regions in Which Participating Firms Have Office Locations79%21%18%12%USEuropeAsia-PacificOther Preqin Ltd. / www.preqin.com
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW –1,650 1,6541,4281,5001,3771,659 1,7331,9432,2222,636 79329258831,000757738 812731 674685 713611596 690544458364326 327 397500239 174 1342211060Year of Final CloseNo. of Funds ClosedAggregate Capital Raised ( bn)Fig. 1.4: Number of Active Private Capital Firms over Time (By Vintage of First 201990Chapter 9 details benchmarkcompensation figures for differentpositions at participating firms; the tablesinclude figures for base salary, total annualcash compensation, long-term incentive/carried interest awarded and2,0001988The number of firms in the industry hasstarted to pick up again over the past fewyears – notably, 895 new firms entered themarket in 2017, representing over 10,000average total remuneration package ofan individual in the same position at asmaller firm (AUM of less than 150mn).Similarly, a Chief Executive Officer at afirm headquartered in the US makes onaverage approximately 749,584 morein total annual remuneration than itscounterpart in Europe.2,5001986working in the private capital industry. Theoverall picture for the number of activefirms over time shows a clear growthtrend, which is indicative of positivedevelopments in the private capitalindustry as a whole. However, the rate ofgrowth has not been constant: from 2008onwards, the year-on-year increases in thenumber of firms have somewhat slowedcompared to pre-GFC years.EMPLOYMENT AND COMPENSATION ONAN INDIVIDUAL LEVELThe operating economics, which varyaccording to AUM and location, alsoimpact the remuneration available toindividuals at each firm. For example,a Chief Executive Officer at a large firm(with AUM of 1bn or more) has a totalremuneration package almost 3x the3,0001984Preqin estimates that there are currentlyan estimated 250,000 people worldwideFor more information about the sizeof the private capital industry – assetsunder management (AUM), capital calledand distributed and the evolution of theindustry – including the number of activefirms by primary strategy and location overthe years, please see Chapter 5.Fig. 1.3: Annual Global Private Capital Fundraising, 2000 - 20181982NUMBER OF ACTIVE FIRMS GROWS OVERTIMEFig. 1.4 displays the number of activeprivate capital firms over time, brokendown by the number of new firmslaunched each year versus active existingfirms. These figures were calculated usingthe vintage year of their first fund torepresent the year a firm was established;firms that have not raised a fund withinthe past 10 years are considered inactive.active firms currently in the market. Thisis indicative of the global demand and theopportunities for employment and staff inprivate capital.1980increase, the number of funds closed wasdown to 2,410 from 2,679 in 2016. 2018recorded even fewer funds closed (1,733),but the aggregate capital raised ( 757bn)from these funds, although lower, is stillsubstantial and highlights the continuedstrength of the industry.SAMPLE PAGESNew8
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW – SAMPLE PAGEStotal remuneration data for 81 differentdeal-making positions across all levelsof seniority, as well as senior executive,administrative/corporate positionsand positions specific to real estatemanagement and transactions. Wherepossible, the information is broken downby AUM, geographic market and fund type.Figures are provided for the 25th percentile,median, average and 75th percentilebenchmarks in each case, and a minimumof five responses are required to generatea data point.COMPENSATION ON A FIRM LEVELIn addition to compensation data on anindividual level, The 2019 Preqin PrivateCapital Compensation and EmploymentReview contains analysis of participatingfirms’ compensation practices on a firmlevel.The majority (61%) of participating firmsreported that they added to the staffheadcount within their company over2017, while the smallest proportion (9%)made reductions during the year (Fig. 1.5).Firms in the study were asked about thelevel or function that is in highest demandfrom a hiring and retention standpoint(Fig. 1.6); the majority (72%) of firmsidentified their investments team (dealteam) as the most in demand, with onerespondent stating that working within thisteam requires a “specialized skillset thatis hard to find,” and another commentingthat “very few finance professionals havethe true entrepreneurial skills neededto assess the opportunities effectively.”Despite this sentiment, one respondentclaims that this area “has experiencedthe highest growth rate within ourorganization over the past 12 months.”Fig. 1.5: Changes to Company Staff Numbers in 2017 by Headcount9%Added to HeadcountThirteen percent of surveyed firmsidentified functions in corporateoperations (i.e. Accounting, HR, IT andLegal) as being in the greatest demandin terms of a hiring/retention standpoint,due to the resources required to scaleup a company and grow its departments.One participant recognized that “there isgreat demand on retention of corporateoperations, as those positions have lessincentive (carry) and long-term careergrowth, as well as typical market jobhopping.”FEEDBACKWe hope that this publication helps toprovide an understanding of the levels ofemployment and remuneration standardsacross the industry and, as ever, wewelcome any feedback you may have. Ifyou would like to participate in next year’scompensation survey, which will entitleyou to a free copy of next year’s Review aswell an exclusive spreadsheet containingall up-to-date data included in the book,please email info@preqin.com30%Flat Headcount (No Net Additions or Reductions)61%Reduced HeadcountFig. 1.6: Level or Function that Is in the Greatest Demand from a Hiring/RetentionStandpoint at Participating Firms5%3%1%Investments (Deal Team)6%Corporate Operations (i.e. Accounting, HR, IT, Legal)13%Executive ManagementPortfolio Operations (Operating Partners)72%Investor Relations – Capital RaisingInvestor Relations – Reporting/Marketing/Support9 Preqin Ltd. / www.preqin.com
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW –SAMPLE PAGESTHE 2019 PREQIN PRIVATE CAPITAL COMPENSATIONAND EMPLOYMENT REVIEW1.EXECUTIVE SUMMARY2.KEY COMPENSATION AND EMPLOYMENT STATS9133.DATA SOURCES AND CONTRIBUTORS154.GETTING PARTNER COMPENSATION RIGHT – FPL ASSOCIATES175.SIZE AND EVOLUTION OF THE INDUSTRY196.CURRENT EMPLOYMENT217.GENERAL COMPANY AND FINANCIAL INFORMATION OFPARTICIPATING FIRMS238.COMPENSATION PRACTICES AT PARTICIPATING FIRMS299.INDIVIDUAL COMPENSATION BY POSITION41EXECUTIVE MANAGEMENTCHIEF EXECUTIVE OFFICER44CHIEF OPERATING OFFICER46CHIEF FINANCIAL OFFICER48CHIEF INVESTMENT OFFICER50INVESTMENTS (DEAL TEAM)MANAGING DIRECTOR/PARTNER52DIRECTOR/PRINCIPAL54VICE PRESIDENT56SENIOR ASSOCIATE58ASSOCIATE60ANALYST62PORTFOLIO OPERATIONS (OPERATING PARTNERS)MANAGING DIRECTOR/PARTNER64DIRECTOR/PRINCIPAL66VICE PRESIDENT68ASSOCIATE70INVESTOR RELATIONS – CAPITAL RAISINGHEAD OF INVESTOR RELATIONS/CAPITAL RAISING72SENIOR-LEVEL INVESTOR RELATIONS & CAPITAL RAISING PROFESSIONAL74MID-LEVEL INVESTOR RELATIONS & CAPITAL RAISING PROFESSIONAL76JUNIOR-LEVEL INVESTOR RELATIONS & CAPITAL RAISING PROFESSIONAL78INVESTOR RELATIONS – REPORTING/MARKETING/SUPPORTHEAD OF INVESTOR REPORTING80SENIOR-LEVEL INVESTOR REPORTING PROFESSIONAL82MID-LEVEL INVESTOR REPORTING PROFESSIONAL84JUNIOR-LEVEL INVESTOR REPORTING PROFESSIONAL86REAL ESTATE – ASSET MANAGEMENTHEAD OF ASSET MANAGEMENT88SENIOR-LEVEL ASSET MANAGEMENT PROFESSIONAL90MID-LEVEL ASSET MANAGEMENT PROFESSIONAL92ASSOCIATE – ASSET MANAGEMENT94ANALYST – ASSET MANAGEMENT96REAL ESTATE – DEVELOPMENTHEAD OF DEVELOPMENT98SENIOR-LEVEL DEVELOPMENT PROFESSIONAL100MID-LEVEL DEVELOPMENT PROFESSIONAL102JUNIOR-LEVEL DEVELOPMENT PROFESSIONAL104REAL ESTATE – PORTFOLIO MANAGEMENTHEAD OF PORTFOLIO MANAGEMENT (ALL PRODUCT LINES)106HEAD OF PORTFOLIO MANAGEMENT (SINGLE PRODUCT/BUSINESS LINE)108SENIOR-LEVEL PORTFOLIO MANAGEMENT PROFESSIONAL110MID-LEVEL PORTFOLIO MANAGEMENT PROFESSIONAL112ASSOCIATE – PORTFOLIO MANAGEMENT114ANALYST – PORTFOLIO MANAGEMENT1167
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW – SAMPLE PAGESREAL ESTATE – TRANSACTIONSCOMPLIANCE MANAGER180118EXECUTIVE ASSISTANT182120ADMINISTRATIVE ASSISTANT184122ADMINISTRATIVE MANAGER/OFFICE MANAGER186ASSOCIATE – REAL ESTATE TRANSACTIONS124CHIEF HUMAN RESOURCES OFFICER188ANALYST – REAL ESTATE TRANSACTIONS126HEAD OF HUMAN RESOURCES190HUMAN RESOURCES MANAGER192HUMAN RESOURCES GENERALIST194HUMAN RESOURCES ANALYST/CO-ORDINATOR196RECRUITMENT PROFESSIONAL198GENERAL COUNSEL200ASSOCIATE – GENERAL COUNSEL202PARALEGAL204HEAD OF MIS/IT206MIS/IT MANAGER208DIRECTOR OF NETWORK & DATA CENTER SERVICES210VP OF APPLICATION DEVELOPMENT212SYSTEMS DIRECTOR214SYSTEMS ADMINISTRATOR216TECHNICAL SERVICE & SUPPORT DIRECTOR218TECHNICAL SUPPORT SPECIALIST220HELP DESK PROFESSIONAL222HEAD OF RISK MANAGEMENT224SENIOR-LEVEL RISK MANAGEMENT PROFESSIONAL226HEAD OF REAL ESTATE TRANSACTIONSSENIOR-LEVEL REAL ESTATE TRANSACTIONS PROFESSIONALMID-LEVEL REAL ESTATE TRANSACTIONS PROFESSIONALCORPORATE OPERATIONSHEAD OF RESEARCHSENIOR-LEVEL RESEARCH PROFESSIONALMID-LEVEL RESEARCH PROFESSIONALASSOCIATE – RESEARCH130132134HEAD OF CAPITAL MARKETS136SENIOR-LEVEL CAPITAL MARKETS PROFESSIONAL138MID-LEVEL CAPITAL MARKETS PROFESSIONALCONTROLLERCORPORATE TREASURERTREASURY MANAGER140142144146TREASURY ACCOUNTANT148SENIOR CORPORATE TAX EXECUTIVE150TAX MANAGER152TAX PROFESSIONALCORPORATE ACCOUNTING MANAGERACCOUNTS RECEIVABLE/ACCOUNTS PAYABLE SUPERVISOR8128154156158ACCOUNTS RECEIVABLE/ACCOUNTS PAYABLE PROFESSIONAL160SENIOR ACCOUNTANT162STAFF ACCOUNTANT164DIRECTOR OF FINANCIAL REPORTING166HEAD OF PORTFOLIO/FUND ACCOUNTING168PORTFOLIO/FUND CONTROLLER170PORTFOLIO/FUND ACCOUNTING MANAGER172STAFF ACCOUNTANT – PORTFOLIO/FUND174HEAD OF NEW BUSINESS INITIATIVES/PRODUCT DEVELOPMENT176CHIEF COMPLIANCE OFFICER17810.FIGURE INDEX229 Preqin Ltd. / www.preqin.com
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW –SAMPLE PAGES2. KEY COMPENSATION AND EMPLOYMENT STATS 5.82tnTotal private capitalassets under management(as at June 2018)61%of participating firmsadded to the staffheadcount in 201710,000 250,000 959bnNumber of participatingfirms active in privatecapital globallyTotal estimated employeesin private capitalAmount of capitaldistributed to privatecapital investors in 201775%83%71%of participating firms expectthe size of their workforceto increase in 2018-2019of participating firms increasedfirm-wide base salary between2017 and 2018of participating firms projectan increase in firm-wide basesalary between 2018 and 2019 757bnAggregate capital raisedby private capital fundsin 201872%of participating firms say thatinvestment (deal team) employeesare in greatest demandU. S. A90%GP’s average allocation of carriedinterest to investment (deal team)employees at buyout firms11%A median of 11% of total executivemanagement employees atparticipating firms are female 58%The difference between totalremuneration of a CEO based inthe US vs. Europe68%of participating firms’ mostrecent funds are US focusedCEOsat real estate-focused firms havethe highest average remunerationof all private capital strategies10
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW – SAMPLE PAGES4,0003,0002,231 ec-09Dec-08Dec-07Dec-06Dec-05Unrealized Value ( bn)Dry Powder ( bn)Fig. 5.2: Annual Global Private Capital Fundraising, 2000 - 20183,0002,5002,0001,650 1,6541,4281,5001,3771,659 1,7331,9432,2222,636 0200920082007200620051,2051,1379329251,000 883 731757738 812685 713674 611596 690544458364326 327 397500239 174 13422110602004GROWTH IN NUMBER OF ACTIVE FIRMSOVER TIMEFig. 5.4 shows the number of privatecapital firms over time, broken down bythe number of new firms launched eachyear and the number of active existingfirms. These figures were calculated byusing the vintage year of their first fund torepresent the year a firm was established;firms that have not raised a fund withinthe past 10 years are considered inactive.The number of active private capital firmsover time has consistently grown, reflective4,21702003RECORD LEVELS OF PRIVATE CAPITALFUNDRAISINGFrom 2010 to 2017, private capitalfundraising generally experienced yearon-year increases in terms of both thenumber of funds closed and aggregatecapital raised, and a record 925bn wassecured in 2017 (Fig. 5.2). However, aslowdown was observed in 2018: both theamount of capital raised ( 757bn) and thenumber of funds closed (1,733) were downhighs of 895bn and 3.44tn respectively.3,772 3,9082002Through analysis of Preqin’s data, we canexamine the importance of the industry interms of employment and job creation.CAPITAL CALLS AND DISTRIBUTIONSThe growth of the industry can also beattributed to the healthy performanceof private capital funds. Distributions fellsignificantly between 2007 and 2009, buthave since been on an positive trajectory.In recent years, GPs have made sizeabledistributions back to LPs: 959bn wasdistributed in 2017, following on from arecord 977bn distributed in 2016 (Fig.5.3). Meanwhile, annual capital called andunrealized value have reached record5,0002001Preqin’s Future of Alternatives reportin June 2018 predicted that the privatecapital industry would reach 9.3tn by2023. This points towards a wealth of jobopportunities on the horizon and, dueto the need for an increasingly talentedworkforce, employment opportunities willcontinue to arise within private capital.from 2017, despite the fact that privatecapital AUM is at an all-time high.5,2162000PRIVATE CAPITAL ACHIEVES RECORD 5.8tn IN AUMAs of June 2018, global private capitalAUM stands at a record 5.82tn (Fig. 5.1),partly due to unprecedented levels offundraising.5,8276,000Assets under Management ( bn)5. SIZE AND EVOLUTION OFTHE INDUSTRYFig. 5.1: Private Capital Assets under Management, 2000 - 2018*Year of Final CloseNo. of Funds ClosedAggregate Capital Raised ( bn)* Direct lending is excluded prior to 2006.14 Preqin Ltd. / www.preqin.com
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW –8. COMPENSATION PRACTICESAT PARTICIPATING FIRMSThis chapter analyzes the latesttrends in base salaries andincentives in the private capitalindustry, and details howcompanies structure specificelements of their remuneration.BASE SALARYAmong firms that participated in the study,a significant 83% saw an increase in theirfirm-wide base salary over the past year(Fig. 8.1). This is an increase from 78% ofparticipants in the 2017 survey noting anincrease, reflecting the momentum thatprivate capital built after a year of strongfundraising. Three percent of participatingfirms recorded an increase of more than20% in their firm-wide base salary, andonly 4% of participating firms reported adecrease.The majority (71%) of participating firmspredict firm-wide base salaries to increasefurther in the year ahead – good news forthose working within the private capitalindustry (Fig. 8.2). The largest proportion(59%) of firms predict an increase of 0.110% in firm-wide base salary, while only 1%of participating firms project an increase ofmore than 20%Only 2% of participating firms foresee adecrease in their firm-wide base salary inthe coming year, and 27% of firms expectno change in basic compensation. This isa significantly larger proportion than the13% that reported no change in the firmwide base salary between 2017 and 2018.Fig. 8.3 shows the changes in the firmwide base salary of participating firmsbetween 2017 and 2018 by the employee’sposition within the organization. Juniorlevel professionals recorded the largestproportion (69%) of increases in theirbase-level salary, while those in anexecutive management position wereSAMPLE PAGESFig. 8.1: Firm-Wide Changes in Base Salary at Participating Firms between 2017 and 201869%13%4%Decrease8%3%No ChangeIncrease(Did Not State %)0.1-10%Increase11-20%Increase3%More than 20%IncreaseChange in Firm-Wide Base SalaryFig. 8.2: Projected Firm-Wide Changes in Base Salary at Participating Firms between 2018and 2019relatively evenly split between an increasein salary (47%) and no change (48%). Thoseat executive management level also sawthe largest proportion (5%) of decreasesin their salary compared with all otherpositions, and no mid-level professionalsreported a decrease in base salary overthe period.59%27%9%PROMOTIONAL INCREASESParticipants were also asked aboutpromotional increases in the survey, thesize of which is dependent on variousexternal factors such as market volatilityand fund performance. High volatility2%Decrease2%No ChangeIncrease(Did Not State %)1%0.1-10%Increase11-20%IncreaseMore than 20%IncreaseChange in Firm-Wide Base Salary23
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW – SAMPLE PAGESCHIEF EXECUTIVE OFFICERE X E C U T I V E M A N A G E M E N TTYPICAL YEARS OF EXPERIENCETYPICALLY REPORTS TOALTERNATIVE TITLE(S)TYPICAL EDUCATION20 Board(s)Chairman, Managing General PartnerAdvancedResponsible for directing the overall business activities of the company. Establishes short- and long-term company objectives and policies, and leads new business development initiatives. Focuses onthe profitability of the firm and defines organizational framework used to operate the business to ensure there are enough resources available to execute the business strategy.May also be the/a founder of the company.RESPONSESNo. ofCompaniesBASE SALARY25thPercentileMedianAverageTOTAL ANNUAL CASH age75thPercentileGEOGRAPHICMARKETASSETS UNDERMANAGEMENTAggregateUnder 150mn 150mn - 399.9mn 400mn - 1bnOver 1bnAsia-PacificD ATA R E M O V E D F O R S A M P L EEuropeUSOtherFUND TYPELeveraged Buyout (LBO)Growth Capital/EquityVenture CapitalMezzanineReal EstateInfrastructureJOB DESCRIPTION DEGREE OF MATCH39AverageTARGET ANNUAL INCENTIVE (% OF BASE SALARY) –CALENDAR/FISCAL YEAR 201825thPercentileMedianAverage75thPercentile Preqin Ltd. / www.preqin.com
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATION AND EMPLOYMENT REVIEW –SAMPLE PAGESCHIEF EXECUTIVE OFFICERE X E C U T I V E M A N A G E M E N TRESPONSESLONG-TERM INCENTIVE AWARD PROMOTE/CARRIED INTEREST AWARDNo. ofEquity TOTAL ileGEOGRAPHICMARKETASSETS UNDERMANAGEMENTAggregateUnder 150mn 150mn - 399.9mn 400mn - 1bnOver 1bnAsia-PacificD ATA R E M O V E D F O R S A M P L EEuropeUSOtherFUND TYPELeveraged Buyout (LBO)Growth Capital/EquityVenture CapitalMezzanineReal EstateInfrastructureNUMBER OF DIRECT REPORTSAverageGENDERAverageMaleAverageFemaleNUMBER OF FUNDS CURRENTLY PARTICIPATING INAverageAVERAGE PROMOTE ALLOCATION – MOST RECENT FUND(S)% of GP’s Share40
THE 2019 PREQIN PRIVATE CAPITAL COMPENSATIONAND EMPLOYMENT REVIEWThe 2019 Preqin Private Capital Compensation and Employment Review is the industry’s mostcomprehensive guide, detailing employment practices and compensation packages for over 90private capital firms. It includes compensation data for more than 92 positions, 20 of which are realestate specific. Our latest edition of the Review, produced in collaboration with leading compensationspecialist FPL Associates, encompasses fund types including buyout, growth, venture capital, distresseddebt, mezzanine, private debt, real estate, infrastructure and natural resources, and features the latesttrends and statistics from private capital firms around the world.www.preqin.com/compensationTHE 2019 PREQIN PRIVATE CAPITALCOMPENSATION AND EMPLOYMENT REVIEWTHE 2019 PREQIN PRIVATE CAPITALCOMPENSATION AND EMPLOYMENT REVIEW- TEAMTHE 2019 PREQIN PRIVATE CAPITALCOMPENSATION AND EMPLOYMENT REVIEW- ENTERPRISEIncludes: 1 Hard Copy and 1 Digital SingleLicence* (No Download)Includes: 3 Hard Copies and 3 Digital SingleLicences* (With Download and Print Enabled)Firm-wide access for larger organizationsFor an individual readerFor a team or small group of colleaguesPlease contact us for discounted pricepackages, including digital* firm-wide accessand multiple hard copies. 4,485 3,420 3,945 1,495 40 Shipping** 1,140 10 Shipping** 1,315 25 Shipping**Additional packages, including 1 hard copy and1 digital single licence (no download), are pricedat 1,495/ 1,140/ 1,315.I would like to purchase additional packages.Number of additional packages:Email: info@preqin.comDATA PACK 300 230 250The Data Pack contains all underlying data for charts and graphs contained in the publication. It is onlyavailable alongside purchase of the publication.Where applicable, VAT/sales tax is charged at the standard rate.*Digital access through Preqin’s free Insights online service. A member of our team will contact you to obtain the list of users.**Shipping costs will not exceed a maximum of 60/ 15/ 37 per order when all shipped to same address. If shipped to multiple addresses then full postage rates apply for additional copies.PAYMENT DETAILS:SHIPPING DETAILS: Name:Cheque enclosed (cheque payable to ‘Preqin’)Charge my:Please invoice meCurrency:Card Number:Name on Card:Expiration Date:Security Code: Visa Mastercard Amex USD GBP EURFirm:Job Country:American Express,four-digit code printed onthe front of the card.Visa and Mastercard,last three digits printedon the signature strip.Please send completed order forms via post to Preqin:NEW YORKLONDONTel: 1 212 350 0100Fax: 1 440 445 9595Tel: 44 (0)20 3207 0200 Tel: 65 6305 2200Fax: 44 (0)870 330 589 Fax: 65 6491 5365One Grand Central Place60 E 42nd StreetSuite 630New YorkNY 101653rd FloorVintners’ Place68 Upper Thames StreetLondonEC4V 3BJSINGAPOREOne Finlayson Green#11-02Singapore049246SAN FRANCISCOHONG KONGTel: 1 415 316 0580Fax: 1 440 445 9595Tel: 852 3892 0200One Embarcadero Center Room 1509, The CenterSuite 285099 Queen’s RoadSan FranciscoCentral, Hong KongCA 94111MANILAPascor DriveSto. NiñoParanaque CityMetro Manila1700PhilippinesGUANGZHOU22F, Shun Tak BusinessCentre246 Zhongshan Road 4Guangzhou - 510000
2019 Preqin Private Capital Compensation and Employment Review, which presents the most up-to-date data and trends on compensation and employment in the private capital industry. We conducted an in-depth survey of 106 leading private capital firms across private equity, private debt, real estate, infrastructure and natural resources
