Wall Street Pay Model Makes Its Way to the Middle East

Just walk us through what this kind of compensation actually is. Thanks, Lizzy. Yes, carried interest is a form of compensation which allows the employee to sort of get compensated for the returns on their investments.So typically, you would see it in private equity companies, largely based in London or New York. But it's been quite difficult to implement it in sovereign wealth funds because they don't typically raise third party capital. But we are starting to see it creep in to some of the the newer sort ...