A little background:
Special situations group that mostly acquires non-performing loans in the range of $10 -$100M.
Not your typical 2/20 fee structure, so less PE like, more AM style.
I was sent an email from HR after my final round today to send my expected range of total comp.
Company is in Houston.
What would be a reasonable number? I know that all in comp in "normal" PE ranges from 150k - 350k, but this is different.
I am thinking all in of $90k but do not want to sell myself short and would greatly appreciate some help.
Can you elaborate on your background/experience?
That's not very much background. Your target comp could be between 60K and 500K depending on what the role is and what experience/expertise you bring to the table...
ask for 200k then ask for 70k then ask for 100k
Ha, this is certainly an interesting negotiating strategy.
I say he opens at $5 million, immediately comes down to $45k, then settles in up at $125k.
Background is nontarget and 1 year at a boutique IB firm (~20 employees) that works deals $15M - 100M, with most around $25M.
This is an Associate role.
How big is the firm/fund?
http://www.collegehumor.com/video/6525239/bad-hostage-negotiator-with-r…
[quote=BlackHat]http://www.collegehumor.com/video/6525239/bad-hostage-negotiator-with-r…] Haha. That was surprisingly hilarious.
Omnis nostrum est reiciendis a. Et eos suscipit molestiae accusantium et magni fugit.
Modi animi qui minus molestiae odit fugiat quo. Totam alias repellat ut quia. Sed eaque voluptates aliquam eum. Ut omnis nihil repellat ut voluptas saepe at.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...