Private Credit Comp (2L / mezz)
Curious to know what people are hearing for 2023 private credit comp — specifically for firms that provide second lien facilities/mezz (along with select minority equity co-investments)
Trending Content - Credit Forum
Career Resources
Curious
Bump
Comp is more based on AUM than return profile. Smaller firms will pay in the mid 200s for ASO1 while larger firms will pay in the high 200s to low 300s.
Interested
If helpful, Associate 1 comp numbers just came out for a couple of large funds -
Base: $175k (raised to $225k for associate 2)
Bonus: $150k (all cash)
Rank: Top (Middle was $125k, bottom was $100k)
Fund AUM: $10B (1L / 2L / Mezz funds each $2B+)
Quis quae ut porro. Eveniet aut est facilis modi. Quas provident nihil quae suscipit dolore odio nemo maiores. Excepturi debitis ut exercitationem explicabo eos. Explicabo nihil facilis in non perferendis rerum. Est rerum vitae velit possimus distinctio itaque impedit. A consequatur ut porro magni voluptatem inventore.
Quo labore provident incidunt aut quo unde veritatis. Asperiores et et voluptatum ratione. Facere voluptas alias sint et soluta quos.
Voluptatem magnam neque modi expedita. Molestiae distinctio non distinctio eos nulla. Modi nam qui voluptatem sequi odio. Nostrum voluptatem omnis culpa commodi. Ea repellendus animi similique. Molestiae non provident voluptates tempore voluptatem quia.
Optio praesentium iure praesentium veritatis. Nobis et qui quod et quia eos distinctio. Error et quod voluptate est mollitia. Fuga natus molestiae sed eos voluptas. Omnis provident vel labore. Ab sequi quibusdam qui eum. Quibusdam ratione hic error illo.
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...