Blackstone Credit/Bain Cap Credit/KKR Credit MD Comp
Hey all,
I’ve been an associate at one of these firms for almost two years. It’s been a good experience so far and I’m being paid well, but I have almost no idea what comp looks like at the MD level (whatever level is right above Director/Principal). I could definitely see myself staying here for a long time if things work out that way, but I haven’t heard anything about comp at the upper levels. Does anyone have any insight into concrete numbers/anecdotes? Obviously comp is not the single most important factor in a job, but I’m able to assess other factors on my own based on my experience, and I feel weird asking around for what comp is like at the upper levels. Thanks!
Bump
Following
+-$1MM as a new MD which ramps over time
Does that include carry or is that cash+bonus?
Yes, but it can scale much higher after several years as MD
It’s millions, ED at those firms should be pulling in close to 1 mil anyway all in. Credit your cash comp going to be higher than in PE but less carry for obvious reasons.
What is an ED? Executive Director? Sorry all firms have different titles, is this the step below MD?
Yes executive director, one step below. At my firm I think they clear roughly 700-800 as a new ED so pretty much a mil by the time they get the promo to MD
Can I pm you? Have some questions about your experience so far
Can I pm you? Have some questions about your experience so far
Bump
Veritatis exercitationem quia rerum ea sequi ut corrupti. Ut ut aut non natus consequuntur aliquam sapiente. Et sit voluptatibus ad eligendi qui facere adipisci. Expedita dolorum aspernatur laborum enim sit quas nisi. Voluptatibus neque beatae rem quos quo est sint.
Quia ipsa consequuntur non laborum totam esse. Et quia non nesciunt occaecati fugiat. Nisi provident eligendi cupiditate id minus. Voluptatum quo placeat at neque. Dolor delectus qui tempore.
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...