Typical HF Compensation Targets for post-"2+2" IB/PE hires?
Notwithstanding the fact that compensation could vary wild depending on performance and fund type...
What is considered a typical expected range or target for first year hedge fund compensation following a 2+2 stint in IB and PE? My understanding is that the elite single managers and Tiger Cubs typically offer the potential to earn more in your first year or two than what you are guided towards at the large multi-manager platforms. I would expect base comp to at least be competitive relative to average MF PE 2nd year associate base ($150-175), but am curious to see if people are able to share more informative data points.
I think we used to pay 2+2 kids like 350-450 at my old firm (mid-tier single manager). As you get more senior you shift more to P&L
lol, those years are gone. 350-450 for fresh analyss to the buyside is... ambitious.