Career Progression for ESG Roles in PE
I just received a FT offer to work as an ESG/Sustainability analyst (straight out of UG) in a MM PE/PC shop in Europe (~ 8 bn€ AUM).
I am currently doing an internship in a similar role and I find the job interesting (ESG analysis of investment opportunities /participation in ICs /direct contact with portfolio companies to improve their ESG performance...).
Comp-wise, it is 10-15% shy of what PE analysts get (base+bonus) and I also get carried interest.
However, I have no idea of comp progression over time (as it is a relatively new function) and don't know what exit options exist down the line other than lateral to bigger funds for similar roles.
So if, by chance, anyone has some insights about comp/career progression on these kind of functions, it would be really helpful.
I would also love to get wso's general feeling/take on the future of these roles in PE.