All,
Understand for the big guys in NYC 1st year PE associate get around $250-300k a year. What should you expect if you work for a more regional / boutiques at cities like SLC, Charlotte, Atlanta and Miami? Both base + bonus.
Thanks a lot in advance.
| +86 | Nothing to do at work & bored to hell | 9 | 13m |
| +67 | Do people over-index on 'moats' | 20 | 22h |
| +51 | Predicted Net Worth in Trodden Finance Path by 60? | 20 | 17m |
| +42 | Biggest (avoidable) failures in PE Investments? | 23 | 1d |
| +38 | Why is ROIC never really a topic when looking at companies IRL | 11 | 3d |
| +26 | SGE Final Round (Investment Summer Analyst) - Case Study & Technicals? | 13 | 6d |
| +19 | Senior IR Lifestyle | 3 | 5d |
| +12 | How to approach Buyside Recruiting | 3 | 4d |
| +12 | NY LMM PE Recruiting | 3 | 18h |
| +12 | Honest opinions needed about lateraling | 4 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
interested as well
I would peg comp more to AUM, rather than location. Carlyle (D.C. or Charlotte) or HIG (Miami) pays roughly the same, irrespective of location.
How much do Carlyle/HIG pay out of curiosity?
Carlyle in the 250-300 range, no idea about H.I.G. but I'd assume similar to other upper MM so just a little bit lower of a range
Have a friend at HIG - base is $130k-140k, with 1.25x-1.50x bonus.
I have two friends that have since left H.I.G. to go on to b-school. My understanding is that they made $200k all-in, plus the opportunity to co-invest in deals. They were very disappointed with H.I.G.'s comp calling it below market. I'd be shocked if they pay even at the low end of your spectrum, which is even more than some of the multi-billion dollar funds pay ($140k + $140k from what I've heard).
Really?! $200k all-in is virtually the same as what top third-year IB analysts made this past cycle.
Definitely think your "friend" is full of shit. The lowest end of your range is nearly 300K, which would put it at the high end of MF 1st yr assoc comp
Optio est provident atque autem deleniti deleniti. Provident et maxime corrupti accusamus. Qui sed eveniet ut enim quod tempora. Fugit inventore nihil maiores rem.
Quia et aut amet est distinctio. Iure fugit facere sit architecto voluptatibus tempora. Rerum quo consequatur iste eligendi eius quaerat repellat. Sit aut voluptatum quia et fuga cupiditate. Non minus aliquam commodi distinctio.
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...