What will Bstone, Carlyle etc. pay this year?
O
Tags:
(Senior Monkey, 95
Points)
on 3/2/09 at 3:01am
What do you guys think is the all-in comp for a 1st year analyst (i.e. post-2-year-IB-stint) at mega PE funds going to be this year? From the limited data points I have had access to, I concluded that it's not going to be much higher than the all-in comp of 3rd year analysts in IB, so that at least at a junior level, PE seems to have lost its "comp edge" over IB. But as I said, I only have limited data - does anyone here have confirmed numbers?
Cheers






Stub bonuses at UBS for
Stub bonuses at UBS for associates were 5-10k (according to IBnutz)... I'm pretty sure PE beats that.
Regardless, PE has and will pay their associates better than the banks will. They don't have the government on their asses and they're hiring the top analysts from the street...
See my WSO Blog
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$250-$350k all in (just an
$250-$350k all in (just an estimate)? $250k might seem unreasonably low for a megafund / top 50 AUM PE firm, but if the economy takes a downturn it won't be that unrealistic
It's a lot higher than a 3rd
It's a lot higher than a 3rd year in IBD. Especially with bonuses this year. Most people in banking got paid less in their 2nd year than they did in their first year. This could mean 3rd years get paid as much as traditional second years, which is 140-150k. Megafunds are minimum 240k.
See my WSO Blog