Hi guys, Looking for some more complex waterfall structures. I'd like to see models with both an IRR & equity multiple hurdle as well as any kind of catch up/claw back provisions. Please PM me if you have any of the above (or different, other complex waterfall distributions) - have lots to trade.
29 Sep 2018
Back to business today boys. After all...it's Saturday! I want to address two (IMHO) key issues for the finance world going forward. These issues will specifically effect those of you entering Wall Street soon and those who have hit the ground running recently. Both issues were addressed in the online WSJ over the last 24 hours. Here they are: 1) The Clawback Irving Picard. Here's a name most of you don't know, but should. He is the trustee in charge of recovering money for Madoff's ponzi victims... and Arguably, the archetype of a new sort of BSD going forward.
27 Nov 2010
As more than a few Dodd-Frank aftershocks tremor about this week, none can be more important to the rank and file of Wall Street than potential bonus clawbacks. Even though such clawbacks would not directly affect our typical WSO monkey, this is a pretty interesting topic for debate among The Street's younger legions. Though most of you have your heads low to the grindstone and are only worried about getting to the next paycheck, your predecessors' mistakes may wind up costing some of you more than a little bit on your climb up the ladder. Much maligned FDIC Chairman Sheila Blair spoke the
07 Jul 2011