Carry Interest Bewertung – Incentive Programme im Private Equity Kontext
- Carry-Interest-Programme sind Vergütungsstrukturen, die in der Private-Equity-Branche üblich sind.
- Sie bieten ausgewählten Mitarbeitern und Partnern eines Private-Equity-Unternehmens die Möglichkeit, einen Teil der Gewinne aus erfolgreichen Investitionen zu erhalten.
- Ähnlich wie bei anderen Vergütungsstrukturen stellt sich die Frage nach dem Bezugspreis nicht nur aus steuerlicher Sicht.
- In diesem Zusammenhang erklärt der Vortrag die Grundstrukturen solcher Carry-Programme und gibt einen Einblick in die mögliche Bewertungsvorgehensweise.
Session G-2: Freitag, 6. Dezember 2024 I 14:30 – 15:30
Dr. Timo Willershausen
PwC | Partner Advisory-Deals
Partner in the Advisory-Deals practice in the Frankfurt office. He has more than 18 years of experience in performing related projects for transaction, consulting and financial & tax reporting purposes. Prior to PwC, Timo was Co-city lead at Duff & Phelps in Frankfurt responsible for the valuation advisory practice between 2014 and 2022. Before Duff & Phelps he was part of PwC’s Advisory-Deals practice in Germany since 2006. In 2011/2012, he worked in London with a focus on business modeling for Private Equity. Within PwC he held international trainings on valuations and was responsible for knowledge center work on valuation topics. He was a regular member in working groups for the German standard setter on business enterprise valuation (“FAUB”) and has published various articles on business valuation.
Timo's main focus today is on advising his clients in the context of transactions, identifying and quantifying value drivers/KPIs for financial and management reporting purposes, delivering expert opinions on corporate finance issues.