FT News Briefing Bridgepoint’s hidden executive pay
Sep 6, 2021
This discussion highlights the record-breaking wave of mergers and acquisitions driven by low interest rates. It also delves into the political turbulence in Japan following Prime Minister Suga's surprising resignation, raising questions about future leadership and economic stability. Additionally, the podcast explores the opaque executive pay practices of Bridgepoint after its public listing and sheds light on BrewDog's collaboration with Asahi to enhance its market presence in Japan.
AI Snips
Chapters
Transcript
Episode notes
Record Dealmaking in 2021
- 2021 is on track to surpass the 2007 record of $4.3 trillion in deals.
- Low interest rates and a corporate debt binge are fueling this activity, boosting Wall Street revenues and employee salaries.
Suga's Departure and Japan's Future
- Yoshihide Suga's resignation as Japan's prime minister was unexpected.
- His declining popularity stemmed from the COVID-19 outbreak, unpopular Olympics, and lost party confidence.
Bridgepoint's Opaque Executive Pay
- Bridgepoint, a UK private equity firm, went public but didn't fully disclose executive pay, specifically carried interest.
- While seemingly compliant with UK regulations, this lack of transparency contrasts with US firms.