Succession Planning in Private Equity (ePub)

Does your firm have a succession plan in place?Succession planning is not only about finding a replacement for a soon-to-be-retiring CEO or departing executive. A thoughtful succession plan sets out to actively retain and develop the next generation of talented employees, ultimately ensuring the longevity of the firm and protecting investor capital.Edited by Aaron Sanandres of PwC, Succession Planning in Private Equity provides strategic and practical guidance for private equity founders and their organisations in planning and managing for a change in leadership. This guide offers a collection of insights and perspectives from various experts on how firms can think about succession planning, design an effective programme and implement an actionable process. This publication will help you to: Equip yourself with the tools to create a succession planning strategy and implement itLearn how to develop and prepare the next generation for leadership rolesFamiliarise yourself with the legal principles and regulations that influence succession planningOptimally structure your tax plans to minimise the burden on continuing partnersUnderstand how LPs think about a GP's succession plan and prepare for the questions they may ask when conducting due diligence on your fund Who should read this guide? Chief executive officersManaging partnersPartnersChief operating officersChief human resource officersAdvisers