A friend at a LMM PE firm was offered $100k base + $50k bonus as a 2nd year associate. This seems well below market right even for a sub 300M fund?
Trending Content - Private Equity Forum
Career Resources
WSO Free Modeling Series - Now Open Through
November 30, 2026
9 Free Financial Modeling Lessons
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.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
To be clear, sub $300m fund or AUM? If that's the total AUM then I would say that's on the lower end but not completely unreasonable for a LMM fund. If it's just 1 of multiple funds and they have say $500m+ AUM then yes, would say it's quite low.
Yeah I would think that’s very underpaid. Starting as a first year associate at a LMM shop with $110k salary + $100k bonus. Fund is bigger but still sub $500m.
tbh that's still more than I'm getting at my $2bn fund LOL
What $2bn fund paying you less than $150k as an associate?? Bro get the f out
lmao I feel underpaid at a sub 1bn fund and im slated to make like 265k lol. You getting hosed bruh.
You are getting bent over the barrel with no lube for $150k at a $1b fund.
Quia totam sunt delectus molestiae impedit. Id placeat qui aut officiis repellendus molestiae. Fuga deserunt corrupti accusantium ipsam vel labore. Consequatur enim eveniet beatae sunt non totam aut.
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...