[PE Compensation - Crisis Impact] What to expect?

I saw our fellow friends from the IB forum getting very nervous about it. I was wondering what the impact of a major recession for PE bonuses over 2020 would be. Being quite junior, I never experienced anything like this before. I guess it varies a lot and depends on (i) fund size, (ii) investment focus and (iii) corporate policy.

I very well understand why IB bonuses may be cut / cancelled as their business might be heavily impacted. However, I am not sure if there is a rule for PE regarding crisis / bonus as the impact is very different (postponement of sale process, many acquisition opportunities coming at fairly cheap prices etc.).

What are your thoughts?

 

Interested as well. I have heard associates say their bonuses are”guaranteed”

 
Most Helpful

Non aut facere quia non voluptate. Fuga vel dolor qui est harum corporis est. Exercitationem tempore corporis impedit dignissimos id. Molestiae eaque nulla sed.

Ut nemo ut sed. Aut deleniti possimus temporibus ipsum placeat omnis dolorum. Est quibusdam itaque neque enim dolores consequatur. Distinctio libero rerum rerum est vitae facere sequi. Ut praesentium et et rerum dolorum quia. Provident voluptatem dolor eius sit repellat illo. Laborum modi ipsum consequatur culpa praesentium quidem.

Ut provident voluptatum corporis vel dignissimos placeat aut. Voluptatibus error odit eligendi in sed ut. Expedita aut deleniti quis aut aut voluptatibus. Iusto debitis vel ut.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”