Comp in IB Vs. PE in Canada
Is comp (all in) from Analyst to VP higher in IB or PE (Pensions and shops) in Canada?
Trending Content - Investment Banking Forum
| +133 | Hot take: I’d rather be at Desjardins than UBS for investment banking in 2026 | 20 | 6h |
| +99 | Stop sleeping on UBS - it’s pretty good | 30 | 1h |
| +63 | 2026 VAULT PRESTIGE RANKINGS | 34 | 2h |
| +50 | Hardest interview experiences? | 37 | 5h |
| +43 | AI + Financial Modelling | 16 | 8h |
| +31 | Summer before college | 25 | 2d |
| +26 | Current State of UBS in North America | 8 | 5d |
| +26 | People who work/worked in FIG IB at a BB: does FIG really pigeonhole you as bad as people say? | 5 | 2d |
| +25 | How casual to be with first year analysts? | 10 | 5h |
| +23 | Cold apply for FT recruiting? | 5 | 6d |
Career Resources
bump
bump
When does PE comp start to surpass IB comp?
Do you work at Onex/ONCAP/Altus? No? Then banking is higher than PE in Canada.
Onex/ONCAP/Altus aside, when (at what level) does PE comp surpass IB comp?
The short answer is not before Partner but what happens at the partner level is highly variable based on what fund you're referring to, how well the fund has done and will do, what the carry structure is, and finally how much compensation is re-invested vs cash.
A partner who is forced to re-invest 20% of his total comp into a fund that has a life of 5-7 years loses the opportunity cost of capital and also bears high risk of poor or negative returns. At the pension level, the group head of private assets probably pulls 2x an average MD but significant amounts in LTIP and also the path to that is much more poorly defined than an MD. Perhaps a better comparison would be a coverage group head of IB and that would pay maybe slightly less than a PE pension head but would be potentially less LTIP heavy.
Brookfield not higher than banking in Can?
Brookfield comp is much higher than in banking. Look at guys like David Aiken, Cyrus Madon, Sam Pollock, Sachin Shah these guys are making carry plus their comp is highly based on BAMs great stock and their entities stocks.
.
Depends on the firm right. PE in Canada is super small, so unless you’re at a top fund like Onex or Brookfield etc it’s gonna be lower than most banking jobs
Voluptatem velit magni libero. Tenetur qui quisquam soluta qui rem est. Quis aperiam atque reprehenderit voluptas non. Dicta odit libero voluptatem quam et ducimus. Quaerat omnis omnis est.
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...