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	<title>Transactions Blog &#187; incentive</title>
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		<title>M&amp;A Academy &#8211; “Dealing with underwater management equity arrangements”</title>
		<link>http://www.pwcblogs.be/transactions/2009/11/ma-academy-%e2%80%9cdealing-with-underwater-management-equity-arrangements%e2%80%9d/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/11/ma-academy-%e2%80%9cdealing-with-underwater-management-equity-arrangements%e2%80%9d/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 17:06:42 +0000</pubDate>
		<dc:creator>Sophie Van Durme</dc:creator>
				<category><![CDATA[Presentation]]></category>
		<category><![CDATA[equity]]></category>
		<category><![CDATA[incentive]]></category>
		<category><![CDATA[M&A]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=495</guid>
		<description><![CDATA[On 19 November, we hosted the second session of our M&#38;A Academy with a hot and present issue: How to keep the management of private equity backed companies motivated in and after the financial and economic downturn?
Luc Legon, Director Personal Tax at PricewaterhouseCoopers, presented the different solutions available according to the various expectations of management.
Download [...]]]></description>
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		<title>Proposed change in the French tax treatment of carried interest</title>
		<link>http://www.pwcblogs.be/transactions/2009/01/proposed-change-in-the-french-tax-treatment-of-carried-interest/</link>
		<comments>http://www.pwcblogs.be/transactions/2009/01/proposed-change-in-the-french-tax-treatment-of-carried-interest/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 20:07:04 +0000</pubDate>
		<dc:creator>Luc Legon</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[carried interest]]></category>
		<category><![CDATA[France]]></category>
		<category><![CDATA[incentive]]></category>
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		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=78</guid>
		<description><![CDATA[


The French Senate has adopted an amendment to the Draft Finance Act for 2009 (article 4bis of the DFA) for the purpose to address the tax treatment of carried interest shares granted to FCPR (Fonds Communs de Placement à Risque) and SCR (sociétés de capital à risque) managers.
Subject to any possible amendments, the proposed new [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Private Equity – Underwater equity – Resetting of Management Incentives</title>
		<link>http://www.pwcblogs.be/transactions/2008/12/private-equity-%e2%80%93-underwater-equity-%e2%80%93-resetting-of-management-incentives/</link>
		<comments>http://www.pwcblogs.be/transactions/2008/12/private-equity-%e2%80%93-underwater-equity-%e2%80%93-resetting-of-management-incentives/#comments</comments>
		<pubDate>Thu, 18 Dec 2008 22:03:39 +0000</pubDate>
		<dc:creator>Luc Legon</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[incentive]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[sweet equity]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=76</guid>
		<description><![CDATA[



To meet their performance objectives, private equity firms must rely on talented, highly motivated managers within their portfolio companies.
To date, aligning the financial interests of portfolio company managers with those of investors has proved to be the most motivational tool in driving them forward. But is this alignment still there in the current financial and [...]]]></description>
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