We assist managers and founders in negotiating and implementing their compensation packages. The Astaé team has been involved in setting up and unwinding incentive schemes for several groups of managers during successive LBOs of mid- and large-cap groups.
We have also advised several start-up founders on successive rounds of fundraising, securing the personal status of the CEO and organizing exit mechanisms. Providing investors with a guarantee on key assets and ratchet protection are essential steps, but the fundamental challenge is to anticipate future rounds of financing.
We know the most active investment funds on the market. Our approach to advising is strongly influenced by our litigation experience: we know that a successful partnership between funds and managers requires, from the outset, a good understanding by the latter of the former’s investment logic.
Throughout their professional and capital “cohabitation” with investors, managers can rely on our expertise, particularly when the management package needs to be adapted due to a change in the group’s scope.
