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 ...

Today in Bloomberg Deals: Carried interest arrives in the Middle East, it's a sizzling summer for US IPOs and Citigroup makes another big hire from JPMorgan https://t.co/a9WtxHjDGg ...

A growing number of job candidates want Middle Eastern sovereign wealth funds to offer them carried interest awards before they agree to move jobs. https://t.co/QGIIUVRtcs ...