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Jason Glover Quoted in Financial Times on Employee Commitments to Private Equity Funds
06.21.18
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Corporate Partner Jason Glover was quoted in a Financial Times article about the $5 billion employee commitment which SoftBank is reported to be adding to its Vision Fund. The article, titled “SoftBank Looks to put $5BN Staff Incentive Scheme into Vision Fund,” addresses employee incentive schemes, which require employees to contribute funding to the Vision Fund as SoftBank looks to secure final investor commitments for such fund. Jason noted that investors like to see employee contributions as it creates a greater alignment of interest but indicated that it was unusual for such employee commitments to be made at such a late stage of the fundraising.
To read the article, please click here (subscription required).