I have spent the past two years as an associate at a $5B fund ($10B AUM), and my time in the program is ending. I am close to landing a few opportunities at some smaller funds ($400M fund, $700M AUM) at the senior associate level with long-term career prospects (i.e., promotion track). What should my expectation be for comp, carry and signing bonus? I am basically looking for the market stat; I am not going to try and shake these guys down for above market rates, but I want to be treated fairly. The opportunities are all in NYC. Thanks in advance for your input!
Trending Content - Private Equity Forum
Career Resources
these are VERY rough guidelines and knowing how many partners that are there already would probably help these estimates but if I had to give rough #s / ranges, here you go.
Senior Associate / VP (post-MBA equivalent):
Base: $100-200k Bonus: $100 - 200k Carry: 0.25% - 2%???
here are some relevant discussions on PE on WSO: //www.wallstreetoasis.com/forums/pe-pay //www.wallstreetoasis.com/forums/private-equity-in-a-nutshell //www.wallstreetoasis.com/forums/urgent-typical-pe-compensation-specifica… //www.wallstreetoasis.com/forums/pe-bonus //www.wallstreetoasis.com/tag/carry //www.wallstreetoasis.com/forums/how-much //www.wallstreetoasis.com/forums/someone-tell-me-why-starting-a-pe-fund-i… //www.wallstreetoasis.com/forums/mm-pe-interview-questions
Is a signing bonus common? Thanks, btw.
I am in the senior associate/VP range and can confirm Patrick's numbers above.
The problem with the firms you are targeting is that ranges and norms are bit more diverse. A signing bonus/relocation should be fairly standard but again the range is anyone's guess (i.e. 10-40K).
Feel free to PM me if you have any specifics
If I were you my ask would be as follows:
120-150 Base, 70-100% bonus, 50-100 bps carry.
-
Really? I would have expected higher for that level. I will be a first year associate next year, with targeted all-in comp at $300 - is the main step-up as you get promoted in the carry then? for the record, i will be at a larger shop (recent fund in the 5-10B range)
Dolorum atque repellat ut in veritatis consequatur non. Ducimus et ipsam distinctio doloremque. In excepturi laudantium mollitia veritatis facilis expedita. Quia ipsum aliquam sapiente nobis similique est. Explicabo aut sed qui perferendis ut molestiae magnam. A aliquid laboriosam id quaerat dolor.
Ut qui iure officiis nihil debitis. Perferendis nemo ducimus autem alias corporis qui et. Molestias praesentium dignissimos a laborum libero et.
Et quia possimus optio iusto aut. Ad modi ut quia voluptatem doloribus ullam odio amet. Praesentium ab voluptatum et reiciendis. Hic quo temporibus molestias qui eos. Praesentium eos quisquam consectetur in. Quae ratione maxime error error.
Sed sunt laudantium deserunt et. Placeat omnis commodi ipsam doloribus. Maxime quia occaecati perspiciatis quam sit. Eaque veniam aut sunt et cumque pariatur ut assumenda.
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...