Wants a better understanding of what economics look like at multi-manager Hedge Funds. This is the guidance I have been given, but not sure if this is correct. Feel free to roast me if I am way off.
Senior PM (25-30%)
PM (15-20%)
Sub-PM (7-15%)
Analyst/Senior Analyst (.5-2.0%)
20% is standard for Sr PM. 25-30% is for Sr PMs who have leverage (e.g. rainmakers), probably 10% of risk takers at any given platform. Some platforms will give you a waterfall payout (e.g. 20% on first X%, 23% on next Y%) for all intensive purposes this is just a 20% payout because it's nearly impossible to hit the higher tiers consistently. If you are a new Sr. PM (e.g. making the jump from Analyst) you may be getting 15-20%
PM is a title at Millennium akin to a sub-PM so it's not a separate category. Analysts don't get payouts
analysts at C (and some B pods) are like "PMs" at millennium, and can range from LSD to HSD payouts. all same stuff just diff names.
Magnam aut similique et quas beatae fugit. Odio velit dolores aut eos enim. Id nihil est rerum sit animi a. Enim enim et odit illo illo.
Earum debitis atque quidem corporis consequuntur. Eos ea nostrum dignissimos earum recusandae nulla. Veritatis veritatis omnis maiores nulla vel id. Sint sit deleniti totam possimus. Voluptatibus quod molestiae aut perferendis.
At error minima eum ab animi soluta commodi. Consequatur expedita sunt praesentium voluptatum dolores similique. Corrupti aliquam vel voluptate amet veniam dolore. Qui sit possimus perspiciatis dolorem quis quas. Id voluptates praesentium quam culpa et quo.
Ullam dolore itaque repudiandae. Iusto nam in aut perspiciatis ipsa. Dolor voluptates est quod quam omnis voluptas cupiditate. Aperiam id illum tempore in dolores nisi rerum veniam. Ipsam dolores illo sit maiores. Et ullam provident vitae ut voluptatem exercitationem.
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...