McLagan’s Middle Market Leveraged Lending compensation survey covers professionals that provide financing solutions to private-equity sponsored and closely held middle-market companies. Typical debt investments are asset-based financing, senior secured, second lien, subordinated, high yield, mezzanine, and convertible debt. These vehicles support growth financings, recapitalizations, acquisitions, leveraged buyouts, distressed or turnaround situations and bridge loans of companies from a broad range of industries. The targeted study participants represent a mix of bank-owned groups, independent middle market leveraged finance organizations (BDCs), hedge funds, and private equity firms with direct lending groups.
In addition to the compensation survey, McLagan will soon begin conducting an Organizational Structure & Pay Practices Study focused specifically on Middle Market Leveraged Lending. The study will report on overall firm structure (functional areas, title structure), financial metrics (revenue, profit, deals closed, portfolio accounts, etc.) and the funding and allocation of annual incentive programs.
Ephraim Edelman
Associate Partner
1600 Summer Street
Suite 601
Stamford, CT 06905
203-602-1247
External forces such as legislation, regulatory guidance, and shareholder and media scrutiny have necessitated the largest thought overhaul the banking industry has seen in many years. The overall message is clear: Banks will change the way they consider compensation, either voluntarily or by mandate. This paper discusses concerns, considerations and challenges banking leadership must deal with moving forward in their compensation planning.
A firm headquartered in the Asia Pacific region approached McLagan seeking counsel regarding its incentive funding levels and practices for its capital markets and corporate banking lines of business.
