2023 1st year Private Credit Associate Comp Discussion
Would love to hear any data points on this as on cycle completed at the larger funds. Continued off cycle data points would be very helpful as well.
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I’ll start. Off-cycle MF. $300K target all in (50% base/bonus split). Relocation + singing bonus - brings total probably closer to $330.
Can you speak on progression comp? Vp, Director etc.
Wouldn’t know that far out. Friend in a similar firm mentioned that comp at the AVP role (or in some companies associate 3) pays close to 400+. Assuming VP is probably ~500-600. VPs usually get carry too but no idea what that looks like - hopefully someone else can opine
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