Anti-Corruption Issues While Selecting a Partner
The purpose of this document is to illustrate the practices used by some successful Parent companies to meet the standards of anti-corruption regimes while selecting a partner
James Bamford is a Senior Advisor at Ankura based in Washington, DC. He joined Ankura with the firm’s 2020 acquisition of Water Street Partners, which he co-founded in 2008. Water Street Partners has been independently ranked as the number one global advisor on joint ventures since 2017. Prior to Water Street, he was global co-lead of the Joint Venture & Alliance Practice at McKinsey & Company.
View Full ProfileThe purpose of this document is to illustrate the practices used by some successful Parent companies to meet the standards of anti-corruption regimes while selecting a partner
The purpose of this note is to describe how companies go astray with the Shareholder Representative role, and to outline workable models when companies want to designate a Shareholder Representative.
Understand how Lead Operating Partners are compensated for the work they perform and the risk they incur on behalf of the other participants. Provide a framework for determining Lead Operator Partner compensation.
Part 2 in a multipart series on Decision Rights and Voting in Natural Resource Joint Ventures.
The purpose of this note is to summarize our benchmarking of 45 natural resource sector JV agreements with regard to definitions of the annual operating plan and budget process, and to put forward a set of practical process improvement suggestions that can be adopted without opening the legal agreements up for re-negotiation.
Turning the JV’s ownership structure into a source of competitive advantage for attracting and retaining venture employees.
Subtle shifts in JV Board meeting design have the potential to make meaningful impact the nature of JV Board discussions and, within it, the level of alignment within and the performance of joint ventures of all flavors. And that is a tasty prospect.