November issue editorial from James Mawson, editor-in-chief
Intel Capital, the corporate venturing unit of the US-listed semiconductor and data company, has started making profit payments again. In a networking reception at Intel’s headquarters last month, Wendell Brooks, president of Intel Capital and new chairman of the GCV Leadership Society, confirmed a report in Private Equity (PE) News that he was reinstating carried interest, a form of profit sharing for investment staff if a company is sold or floated.
Intel did away with carry shortly before he became…