News about William Jackson

The chairman of private equity firm Bridgepoint has stepped down. He received £818,500 last year and 'carried interest' - a secret share of profits. Bridgepoint was the first private equity firm to list in the UK in decades but shares in the company, which owns Burger King UK and Hobbycraft, have crashed more than 50pc to 214p yesterday.

Fees for this year will be £168 million, down from the previous estimate of £200 million, according to Goldman-backed Petershill. Petershill's half-year results fell short of expectations, net income of £54 million was down from £110 million a year earlier and almost a third less than City analysts had predicted. Goldman keeps a 75% stake, while the banking giant must be wondering what it will do to get a break as the pressure on chief executive David Solomon increases ahead of another jobs cull next month.

The Cambridge firm predicted a 'tale of two halves' in the year ahead, with expansion slowing in the second half. The stock dropped by 2.6 percent. Revenues increased by 33% to £44 million in the 12 months to the end of June, according to Darktrace, although annual revenues increased almost eight times to £32.8 million. However, the FTSE 250 company downplayed its year-long estimates, sending the stock lower.

According to a survey by law firm Macfarlanes, a group of 255 dealmakers, including 3i Group's Simon Borrows (pictured) and Bridgepoint's William Jackson, earned a piece of the sum from successful sales in the 2020/21 tax year. A personal interest is a significant piece of private equity compensation, and it can often outstrip executive base salaries. However, its tax status has been questioned in a number of countries.

Marex was founded on the ruins of Refco, a New York-based business that went bust in 2005 after chief executive Phillip Bennett was discovered to have hidden £344 million in bad debts. Marathon Asset Management snapped up Refco's Europe arm and renamed it Marex, selling it to JRG in 2009, which also holds a 75% interest. I'm not positive that New York is Marex's natural home,' a source said. Investors in the United States recall Refco. I'd stick to London.'

The typical annual fee does not include nursing services, which usually adds an additional 20% to the bill, although the amount of personal care required will vary. According to the UK Care Guide website, the significant rise in charges is due to increased demand, food, and electricity prices over the past year, and in some cases, it has been difficult to remain financially viable.