Private Credit Comp Over Time?
Hi I’m curious how private credit pays over time. I have some general figures on asso pay but how about vp, principal and md/partner?
Anyone have ranges from either their own, friends or coworker figures?
Absolutely, I can provide some insights based on the WSO Dataset. Here's a general breakdown:
Please note that these figures can vary depending on the firm and the city. For instance, an associate for a leading direct lender in one city reported an all-in compensation of about $160k (110k salary and 50% bonus). At the same firm, a VP can earn up to $275k, a Director up to $400k, and an MD up to $500k, with the potential for more as equity is involved.
In another case, a VP in LO Public Credit reported a range of $600k-1.5m for an MD, and $800k-5m+ for a PM.
Remember, these are just general figures and actual compensation can vary based on a variety of factors. Hope this helps!
Sources: Credit Fund/Direct Lending Salaries 2019, Private Credit/Debt/DL Comp Variation, https://www.wallstreetoasis.com/forum/private-equity/qa-non-target-top-bucket-ssg-private-creditdirect-lending?customgpt=1, Q&A: VP in LO Public Credit
My firm pays around 300-400 at associate level and I know a VP made about 650, but that’s all I got.
Well which was it? A VP or a Director? Typical Principal role in between as well
VP, apologies for confusion.
What kind of shop. PE credit arm, stand alone, or part of AM / mutual fund?
same as PE, so above should be more or less correct for MF
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