Have an offer at a MM PE firm in NYC offering $200K all-in comp + co-invest opportunities. Fund size is $300MM-$500MM. New associate role following 2 years of i-banking.
Is this fair compensation? Low end? High end? Appreciate any perspective. Thanks.
| +97 | Sr Asso / VP Unemployment Check-in | 59 | 6h | |
| +39 | What did you do after signing? | 13 | 6h | |
| +26 | PE Recruiting From IB- Play It Safe Or Reach For Best Fund Possible? | 11 | 1d | |
| +26 | PE / IB in NYC from Cambridge compared to US colleges | 26 | 19h | |
| +25 | Resume Gap after 2.5 Years in PE | 5 | 3d | |
| +23 | Where is there untapped value in secondaries? | 14 | 9h | |
| +21 | Public company LBO | 8 | 15h | |
| +20 | Vista Lateral Associate | 12 | 5d | |
| +19 | VP HF Lateral to PE | 1 | 4d | |
| +17 | What is GS Private Equity like? | 6 | 8h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
That's pretty much in line with market
Thanks Frank -- what is expectation for 2nd year? Offer is positioned as 2 and out to new firm / business school.
I've heard 250~300K for big firms (5B+) so your offer sounds good. Do you have any idea of how much the co-invest might be worth during your two year stint?
Likely 20-30K per deal with 2x+ leverage
Can you explain how this works?
I'm drooling right now it's not even funny
Solid offer.
I'll echo the others. All-in of $200k for a $300M - $500M fund directly out of banking is market, or perhaps even slightly above market. I know similar size funds that pay anywhere between $150k - $200k, often with no co-invest opportunity. Part of it also depends on size/number of active prior funds (if they have multiple funds, they'll be collecting fees to pay salaries from old investments, even if they've since raised a new fund).
Sunt eius cum optio suscipit perspiciatis odit harum. Quia omnis praesentium qui omnis consequatur sed. Veritatis assumenda maiores repellendus maxime omnis quod cumque. Iste culpa rerum nobis consequatur quo quia.
Pariatur quia reiciendis vitae ut aut harum. Illum provident ullam fugiat assumenda quia. Ut praesentium provident et id ea commodi dolorem. Atque incidunt atque ut quia blanditiis et.
Pariatur et et explicabo facilis perspiciatis iste mollitia. Praesentium aspernatur nam tempora. Eligendi est eius occaecati sed. Ullam reiciendis sint laudantium iste. Qui voluptates sed labore ipsam fuga quia qui quisquam. Unde qui neque et dolor.
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...