I am not sure what the bonus structure is, but I am pretty sure the all-in salary at the junior level is less than the other megafunds due to the “Blackstone discount” similar to the “Goldman discount” as a result of their brand name premium. The other competing top firms need to be able to offer higher pay in order to poach the “top talent” from the “top firm” such as Blackstone and Goldman.

Best regards, DoingItInNYC
 

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