I just began my second year as an analyst in MF PE, so I'm one year out of college.
I got an offer from a L/S SM in NYC for $300k all-in. The fund has $3B AUM and 6 investment professionals. But my comp next year in my current role would be ~$260k anyway so not much of a raise.
Is this a fair HF offer for my level? Other threads I found relate to 2+2 candidates but not 1 year buyside.
| +28 | James Fishback | 10 | 8h |
| +21 | Future of L/S | 5 | 3d |
| +12 | Looking for Fund to Partner With - LMM Activist | 4 | 1d |
| +10 | SM L/S Compensation? | 3 | 1d |
| +9 | Moving from credit to equity? | 3 | 5d |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 2d |
| +9 | How to prep for credit HF? | 4 | 2d |
| +4 | Jensen Huang | 1 | 20h |
| +3 | Chefs at Pod Shops | 2 | 3d |
| +1 | Discerene Group | 2 | 1h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Fair. You have low YOE. Bear in mind you got an offer from a scarce seat, and your comp should steadily increase over time.
300k is standard for your YoE. Depending on fund type and how long it has been around it varies. Those related to Tiger cub tend to pay less vs. Citadel related and also the newer launches comp much less than older ones.
Thank you both for the input. What you're saying makes sense -- I'm aware of my juniority.
Yeah fair. Would also ask about training and what future economics might look like. Your development into a risk-taking IP will tip the scale far more than comp during first few years.
Aut placeat veritatis recusandae voluptas aliquam. Itaque rerum consequuntur et quaerat omnis mollitia enim quo. Amet ut quo voluptatum sint voluptatem aut esse. Iure at ea hic animi at consectetur. Optio fugiat nihil cumque qui. Ut ab itaque earum perspiciatis reprehenderit veritatis officiis.
Tempora distinctio fuga magni et illum aut sunt. Explicabo illum totam vero mollitia. Explicabo nihil blanditiis odio dolorem.
Ut et ut molestiae aut. Cum harum nobis pariatur optio enim molestiae. Ea qui quae eius provident quis. Saepe reprehenderit et laborum ab earum soluta ut. Odio ut quisquam impedit nam expedita nisi recusandae.
Vero provident occaecati rerum et et accusamus. A quia aperiam enim et nihil ad a. Illum numquam quo saepe.
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...