For anyone who missed the latest GoBuyside compensation report, it looks like the numbers are in: $125k is the current standard in base pay for 1st year pre-MBA associates for the middle market on up. This makes sense given that 1st year IB associates now make $125 base w/ ~$225+ of all-in comp. However, unlike in banking where everything is standardized, there are plenty of exceptions in PE, both on the high end (Kelso, Apollo) and low end (KKR), for funds of any size. Now that most of the mega funds and upper MM funds have filled their 2018 classes, I figured it'd be helpful to get some data points for specific funds, for those with the benevolence to share what you've seen firsthand or heard through the grapevine across your offices.
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Is this report for sale somewhere? I've seen reports from some firms like heidrick & struggles but never heard of the gobuyside report.
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anywhere people get get this guide?
following.
What does kkr pay?
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