2022 London Associate / Senior Associate Comp (PE / Growth Equity)
Trying to collect comp data points for both Associate / Senior Associate roles in London. Feel free to add your info.
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
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.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
push
MF Growth Equity Assoc. (BX, TA, GA, KKR): base 110k, 100% bonus, no carry
push
What’s the ladder London?
associate- entry level 2yoe (IB consulting) - 100k + 100k no carry | 1 to 2 years to senior associate
Senior associate - lateral hire possible? - 120k + 100k + carry 25 bmp | 2 senior associate to VP
Vp/principal
Partner
MF
Comp:
Associate 1: £135k base + £61k bonus (45%) - no carry
Associate 2: £160k base + £80k bonus (50%) + £135k carry allocation + £25k stock options
Promotion Ladder:
3yrs Associate
2yrs Sr Associate
2-3yrs VP
2-3yrs Sr VP
MD & MP afterwards
this is very high. Sounds like Apollo / Warburg
Yes, would argue Associate 1 total is below par compared to other MFs. Associate 2 definitely on the higher end.
For your reference, it's not Apollo / Warburg
Thanks, this is very helpful. Any insights for VP / Principal level?
UMM/MF
2021: Aso 1: £80k base + 100% bonus
2022: Aso 2: £105k base + 105% bonus (with the notion the fund leaned in…)
Carry allocation starts at VP ~5 years
Co-invest the same, but at discretion of IC can be done earlier (ie senior associate level)
Assoc 1: £80k + 100% bonus
Then £10k incremental a year for 2 years
Small carry allocation
<£500m fund size?
Anyone knows pay at EQT?
Delete
Repellat ex id et hic ducimus. Et modi sit aut sed architecto. Quasi doloribus ab culpa alias error.
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...