Private equity executives at Blackstone and other large US buyout firms in London could see their take-home pay go further as a result of Brexit.
Blackstone pays many of its staff in US dollars before converting these into British pounds. And with sterling hitting a 31-year low on June 27 (£1/ $1.3) in the wake of the UK's decision to split from the EU, that means more buying power for dollar spenders.
