Part II of this two-part Knowledge at Wharton podcast on private equity looks at the management structures that are working best for portfolio companies and how incentives are changing. “For a period there was a trend toward incentivizing [with equity] deep into the organization … we are starting to see more firms start to really focus on the top five to six people,” notes Michael Rogers, EY’s global deputy private equity leader. He and Stephen M. Sammut, a senior fellow and lecturer at Wharton, explore these and related topics below.

An edited transcript of their conversation can be downloaded from this page.

View Normalcy Returns to Private Equity with Rising Exits