Jan 11, 2025
6 Comments
 

Based on the most helpful WSO content, here are some insights into UK Private Credit bonus figures:

  • For a VP2 level in Direct Lending:
    • Base Salary: £175k (staying flat into VP3).
    • Cash Bonus: £205k (split 85/15 cash/deferred over 3 years).
    • Carry Allocation: Approximately £1m (pays out roughly £50k per year over 5 years, with the rest back-ended).

These figures suggest competitive compensation in the UK Private Credit space, especially at senior levels. For more details, you can explore the full discussion here: https://www.wallstreetoasis.com/forum/private-equity/london-private-cre…</a">London Private Credit Compensation 2022.

Sources: London Private Credit Compensation 2022, London Private Credit Compensation 2022, UK / Europe - 2022 Bonuses, UK / Europe - 2022 Bonuses, Private Credit out of undergraduate?

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