Energy and Infra VP of a PE firm in Mexico

clientkid420

Curious about a few things here:

- How do comp and hours stack up against US based firms of similar size?
- Typical deal size? 
- Did you always target firms in Mexico or were you considering other locations?
- Are there many employees from the US?
- Is business primarily conducted in Spanish, English, or a mix?
- All things considered, do you enjoy working there? Pay, wlb, level of interest in your work, culture, coworkers, etc.

Thanks in advance.

• The comp topic is controversial. In terms of comp (salary + bonus), I would say it is around 30% or 40% of a typical NYC MM PE comp, which may sound very low, but the cost of living in NYC can be around 3.5x to 4x that of Mexico City. Unless you work for a US PE firm with an office in Mexico (there are not many), you will not have a comp level comparable to the US. Hours are better, but not that different - still working 10 hrs/day, but it gets better as you climb the ladder
• Deal size range might go from 100mm USD to 300mm USD, but there is a local tendency here in which infra and energy PE firms are starting to raise some kind of SPAC vehicles to acquire large portfolios of real assets, which could bring the ticket up to 500mm - 800mm USD
• I was considering other locations: spain (my wife has a spanish passport) but comp is worse, dubai (i received offers but nothing that attractive tbh, Santiago Chile (boring). I never considered the US because the only way to get an job offer there is going to business school, and I was not interested
• There are very few chaps from the US, to be honest
• I would say day to day is in Spanish; important meetings, negotiation documents, etc., is 80% english
• I really enjoy working here. Wlb is great. I have a passion for the energy industry, especially energy transition. PE in Mexico is one of the highest-paid industries, so comp is quite ok. This job gives me a lot of exposure, so it is one of the things I like the most. Culture is great. The team is great. Overall, I really enjoy it here.