Benchmarking MF/UMM PE Base Salaries
My firm is thinking of bumping up base salary and so I was curious what AS1 salaries were for the big ones. Will keep updating as data points come in. Sorry if this has already been created elsewhere.
Edit1: Please comment what the before-and-after is (as in before this new wave of increased base salaries in IB and after if it changed at-all).
Data Points:
$1-2BN - $100K - TBD on bump
$1-2BN (new fund) - $200K
$1-3BN - $115K
$2BN - $130K
$4-7BN - $100K
$5BN - $120K - no change but bonuses increased in 2020-21
$15BN - $150K
MF (BX tier, but not BX) - $120K - no change
MF - $150K - no change
vista: $3.50
Bumping
Bump
$120K at ~$5B fund. Step-up for AS2.
All-in comp is solid but people are pushing for more, especially with the recent increases in banking salaries.
Thanks - was it always $120K? Has your firm communicated any plans for an increase?
It's been $120K for some time now. Steps up to $130K for second years.
Bonuses were increased by $20K to $30K this past cycle. I think all-in, AS1 made $310K and AS2 made up to $360K (inclusive of $10K of one-time payments).
I wouldn't be surprised if bonuses went up a little bit, but haven't heard of any plans to raise base.
$150k at 15bn+ fund
Thanks - was it always $150K? Has your firm communicated any plans for an increase?
$120k at MF, bumps up a whopping $5k in 2nd year (though calendar year so only ~6 months of 2 year program)
where the hell are you? You're getting shafted
Should be BX. However, note they pay >100% bonus.
Thanks - was it always $120K? Has your firm communicated any plans for an increase?
Yes always $120k since I’ve been here and no word on increase. We get bonuses on calendar year so guess we’ll see later in the year if there is a change
$100 base, 4-7bn fund
115K base for A1 going up 5K per year. $1-3bn latest fund size
Thanks - was it always $115K? Has your firm communicated any plans for an increase?
Damn I’m a first year at an EB and make more than that, what fund is this lol
vista
Thanks - was it always $100K? Has your firm communicated any plans for an increase?
this 240k all in shit is what people are selling their soul for?? someone quick tell me they only work 60 hours before i stroke of confusion... or tell me youre making 2 mil at 30 or something
Lmaooo sad stuff to see
-
genuinely curious, when does the pay from that start to take off from banking pay? like would a 30 year old who did 2 banking -> pe be making way more than a 30 year old svp who stayed in banking? say were comparing EVR to BX
I mean pre-MBA associate is basically another analyst stint. People aren’t really “selling their souls” for that shit (just like they wouldn’t be for fucking analyst comp as career bankers) they’re doing it for the same reasons they chose banking: potential later career $$$s and exit opps.
Nobody does banking / PE for the analyst years or pre-MBA associate years they do it to lay the ground work for something else. That’s like saying doctors become doctors for their residency years working 80hr weeks.. lol no they do it so they can come out with a secure $200-800k a year pay check for the rest of their life.
130K+130K; ~2Bn fund
Thanks - was it always $130K? Has your firm communicated any plans for an increase?
Current fund is ~$1-2B and AS1 comp was: $100K (base) + $100K (bonus)
For AS2, comp was just bumped to $115K (base) + $115K (target bonus)
Thanks, and what was AS1/AS2 comp before this summer?
AS1 was always $100K + $100K, they are still determining the bump upwards but we don't have any 1st years right now, so I don't know the amount.
AS2 was previously $110K + $110K, so $10K all-in bump for the year.
We’ve been at $150 first year base for a few years now, no word on changes (MF)
Helpful thank you.
$200K base + $125K bonus = $325K TC at a ~$1-2B first-time fund
Need to drop the fund name on this one!
BayPine or Arcline, would bet the farm
Your title says AS2 - what would that # be for AS1? Thanks!
That was AS1 year. AS2 base same bonus 10K higher (target)
120k + 60k 1-3bn AUM …. Direct lending fund
so not sure if this belongs here
Analyst or associate? Seems kinda low for associate in direct lending. Low COL city?
What are the hours like?
Analyst at MF - $110k
Is this BX/KKR type MF or Ares? Dont know any other MFs that pay Analysts tat much
Not the guy who commented, but ik BX base is 110k for analysts
honestly these numbers are fucking pathetic... jesus.. 300k is so low
@buzzfeed
Mf - 125 base, 200 bonus - anything less than 275 feels light tbh
Assuming this is BX? Out of curiosity what can 1 expect at MFs these at the associate level given how banks, EBs in particular are paying AS1s base salaries of 170/180 alone?
MF AS1 - $150K base / $150K bonus - no change
UMM (latest fund 3-7B) AS1 - 135K base / 165K bonus
Do funds tell you a target bonus in your offer letter?
Almost never for PE. Perhaps for HFs they do
Got it, so what’s the best way to gauge what bonus will be given there are less data points than IB for example?
As1 - $120k base, $265k bonus (stubbed).
UMM - $10-$15 latest fund
Which fund (even directionally) is this? Sounds way above market...!
Mind PMing me the firm?
2nd ^
Pm me please
Could you please PM me too?
pretty sure this is one of the big infra funds
Voluptas aut placeat et natus mollitia est ipsam architecto. Et eius odit quod debitis.
Dicta deserunt aut id est incidunt et. Labore nostrum recusandae iste. Ut qui ut voluptas tempore.
Ullam placeat dolorum omnis ipsum quia officiis est. Est minima eum qui quidem. Ut iste omnis delectus id aliquid ut. Labore commodi incidunt inventore adipisci.
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...
Exercitationem molestias quis dolor omnis ipsa. Aliquam omnis dolores sed error cupiditate. Nam et porro temporibus nulla ad odit a.
Soluta modi nemo quo et. Voluptatum distinctio eos vel voluptate blanditiis. Sed est soluta et assumenda et incidunt. Est sequi sequi perspiciatis omnis voluptatibus totam.
Voluptatibus et rerum et tenetur omnis quas et autem. Autem dolorem consequatur molestias occaecati et quos.
Aut et molestias modi veniam illo sequi. Expedita numquam impedit occaecati non. Ea nam atque consectetur quia atque. Inventore et vel commodi magni quia velit sit.
Natus nihil ipsum ad consectetur distinctio illum natus quaerat. Dicta fugiat sunt qui possimus fugiat recusandae asperiores. Voluptatem ullam dolores quasi sapiente praesentium aperiam. Qui tempore fugiat quisquam veritatis accusamus. Id blanditiis ea mollitia in maxime labore sed laborum. Reiciendis eos voluptatem eos sunt enim esse animi.
Optio sit iusto assumenda veritatis non consectetur ipsum. In sit doloremque quia soluta porro omnis ad. Eum nostrum aut quaerat repellendus error quos fuga. Nulla porro incidunt vel sapiente eaque et. Et assumenda ab nemo. Voluptatem deleniti dolores est dolor error.
Voluptatum ipsum aut sed delectus voluptas doloribus nulla. Consequatur itaque quo architecto rerum aut.
Voluptate aut est aut laborum omnis deserunt sed. Esse ex excepturi alias eius error. Quod repellat ut harum sit odit quas. Sunt explicabo aut maxime at sed omnis. Saepe repellendus ipsum sed facere similique. Similique sed qui debitis ex. Et voluptatibus animi provident eaque.
Voluptas praesentium ut earum reiciendis quo officiis. Suscipit aliquid quisquam necessitatibus occaecati est asperiores. Ut eum eum non accusantium et est. Reprehenderit enim tempora quia fuga. Qui cupiditate minima sunt quam mollitia in.