2022/2023 Canadian PE Associate Comp Discussion

Noticed there's two other threads but for our American brothers and sisters; hoping to get some Canadian representation for reference when/if negotiating comp.

Suggest we go with the following format:

  • Firm: MM / Pension / MF (Canadian MF...Onex, Altas, Brookfield, maybe ONCAP in here?)
  • Strategy: Directs / Funds / Secondaries / Hybrid
  • Year: AS1 / AS 2 / SA 1 / etc.
  • City: Self-explanatory
  • All-in Cash Comp: Self-explanatory, include carry if there is any
  • % Certainty: Confirmed / Guidance

I'll kick things off.

  • Firm: Pension
  • Strategy: Directs
  • Year: AS1
  • City: Toronto
  • All-in Cash Comp: $220-240
  • % Certainty: Guidance
Region

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
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