Tom Attwood, one of five managing directors of mezzanine debt provider Intermediate Capital Group, has attacked pay structures in the industry for credit bubble and thereby further widening the debate on financial services remuneration, which has so far focused on the bonuses in the banking industry.
Attwood has criticised credit hedge fund and collateralised debt obligation managersâ payment structures, which he said caused âa conflict of interestâ between staff and their investors.