Hedge Fund Alert Quotes Max Karpel on Creative Contract Provisions for Portfolio Managers
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Akin investment management partner Max Karpel is quoted by Hedge Fund Alert in an article titled, “In Arms Race for Top Talent, Contract Provisions Increasingly Carry Penalties, Spinout Guarantees.” The article examines employment contract provisions for protections against broken promises and guarantees tied to spinouts as the race for top talent continues to escalate in the hedge fund industry.
Max tells Hedge Fund Alert that the recent developments demonstrate that there is “a lot of creativity in the space.”
“There is room for negotiations,” Max said, “and not all the platforms require the same terms.”
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