What level in Corp Dev after 2 years banking + 2 years PE?
If I wanted to move into corp dev / strategy after finishing my PE associate stint (with or without an MBA after) what level would that equate to within an F1000 or Middle Market hierarchy? Would this be an almost certain paycut from the ~$250-300 a PE associate makes or are there any roles with comparable comp?
You're forgetting one thing - HR (or so called talent acquisitions departments) are almost always bunch of fucking retards, adding zero value to the company (or in some cases - negative)
Director with $250 - $300K
There's a huge variation in corp dev comp depending on the sophistication of HR. Some firms treat it as basically a finance function, comparable to FP&A and treasury and compensate it as such. Other firms are more sophisticated and require/demand a more technical skill set and recognize the market value of the strategy/modeling capabilities. With a PE background, you should only consider the latter type of firm. Honestly, you will be bored and dissatisfied if you don't.
That said, $140K for director sounds low to me at any firm. I can tell you that I was recently approached for a cop dev gig in NY (director) that offered $250k to $300k base with a point of equity on every deal. I wasn't selected to proceed in the process but it's a data point.
Acquire company for $20M, you keep $200K.
Nope. You're full of shit. If you were worried about disclosing "confidential information" you wouldn't have posted to begin with. It's also incredibly unhelpful for a Pre-MBA PE associate who's trying to get a realistic sense of compensation.
The more likely scenario is that a headhunter with a sketchy sense of ethics oversold the position, or somehow you fell into the process for a role in which you were grossly unqualified.
You're a clown and you don't know what you're talking about. I have to laugh at your comment that I wouldn't have posted a salary range if I really was worried about disclosing confidential information. Do you even know what confidential information is? You're also the main issue on this forum. Clueless, unappreciative know-nothing that doesn't accept the charity granted to him/her by more experienced, successful people.
If you knew how to talk (i.e., if you asked the question rather than make a belligerent accusation) not only would you have been given the clarification you're looking for, but you might have also been given the name of the recruiter in a PM. Now you get neither.
Enjoy the rest of your day.
Whether that comp plan is real or not, I can’t comment on. Offering incentives based on purchase price on the buy side is a horrible way to design a comp plan. You are basically guaranteeing that your directors over pay for deals. Not to mention one of the most important functions of a corp dev professional is to NOT do deals that don’t make sense for the company.
You’d come in as a Manager or Sr Manager at most F500s. And yes expect a drop off. Comp varies a lot, but base would probably range anywhere from 115-170 most likely depending on industry, size of firm, and location.