Private equity exec compensation vs. hedge fund execs
Anybody have a sense of what guys at top firms like Mount Kellett, Cerberus, Madison Dearborn, etc. pay to top execs. We all know of the hedge fund lists of top paid managers, guys who make 3,4,$900 million+. Considering many of these private equity firms are the same in terms of AUM and fee structure, is it safe to say that the top guys at Bain Capital or Hellman & Friedman are clearing similar numbers, $200M+ in a good year?
The only people clearing $200+mm per year at any of these places, whether hedge fund or private equity fund, are those with significant equity stakes. And yes, the Kravis / Schwarzman / Rubenstein's of the world are definitely making that in a good year.
Right, and people at every firm own large equity stakes, most funds are owned by employees. I am just wondering if the compensation pool per employee is generally the same at private equity funds. I know a bunch of guys 35 and under at hedge funds who make in the $40+ range, so there must be the same guys at all the big PE funds, i just don't hear about them.
your upside if your good will be larger at a hf, especially at the young ages you are quoting nobody will make that money in pe (given you need to make partner, take 5 years to make and exit an investment and need to more likely than not to go to b-school). part of it is that launching your own hf (whilst still very difficult) is about 1000000000000x easier than launching your own PE fund. funds are not owned by their employees, funds are owned by their owned by their founders. averages will tend to be similar, just go compare avg. comp figures for the public guys.
^super lol
^super lol
^lol
^ Double lol at your avatar. http://laciudadenllamas.files.wordpress.com/2009/09/zapatero-ceja5.jpg
dude knows bunch of people under 35 making 40mm+?
where u know them from? wsj? give me a break.
you know a bunch of people under 35 making 40m+ sounds legit
I know a bunch of people
I know 5 guys who made 40+ last year, 3 at the same fund. Maybe that doesn't consitute "a bunch," but it is several. You act like these people exist on another planet, they are humans as well. You think they only fraternize with each other at Leon Black's hamptons parties?
Look at all of those sub-35-year-olds on this list: http://www.forbes.com/lists/2012/hedge-fund-managers-12_land.html
since both PE firms and HFs are often owned by the employees I would say the compensations for both are similar.
I think OP should focus more on his interviews, Mr. I need a Vault for my financial interviews.
Damn, brah, you seeerved me
No, you served yourself.
You owe me 250 pokedollars for the burn heal I just got you.
Congrats OP, you know people with annual incomes of over $40MM. Too bad none of them will let you touch that unless you've proven yourself, so it doesn't mean shit.
What a dumb shit.
Hey guys what do the top saudi oil princes make a year? I heard they clear 1,2,$9,000 billion in a year?
Magni in ut omnis est neque sapiente assumenda. Vitae mollitia accusantium numquam fugiat reprehenderit doloremque et. Illo numquam esse quaerat consequuntur. Et facilis consequatur iure consectetur ducimus iure sint.
Enim explicabo in suscipit et blanditiis autem. Quo id ut eos cum earum id tempore rem. Voluptate rem repudiandae voluptatem blanditiis reiciendis expedita id.
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...
Commodi maiores illum quaerat occaecati. Qui suscipit nulla laboriosam similique consequatur non distinctio sunt. Minus explicabo provident pariatur animi pariatur est ut rerum. Molestias illum soluta vero quibusdam enim. Aliquam placeat consequuntur aut corrupti qui quam cupiditate beatae. Minus sint possimus molestiae totam et quia provident. Voluptatem non dicta pariatur aut.
Ab quam fugiat veniam. Doloremque cupiditate ut praesentium.
Laudantium quo et fuga delectus. Molestias assumenda occaecati quia ex deleniti. Ut doloribus quam reprehenderit distinctio consequatur qui.
Neque possimus omnis doloremque quia modi. Possimus voluptates ipsum recusandae esse sed dignissimos voluptatum. Modi quibusdam fuga recusandae saepe quis error ut.