Infra PE comp in Europe

Based on the most helpful WSO content, here’s a breakdown of compensation in Private Equity, which includes insights relevant to Infrastructure PE in Europe:

Compensation Overview (September 2023):

• Mega Funds (MF):

  • Principal: $676K
  • Director/MD: $599K
  • Vice President: $363K
  • 3rd+ Year Associate: $277K
  • 2nd Year Associate: $266K
  • 1st Year Associate: $227K

• Mid-Market (MM):

  • While specific MM infra PE figures aren't explicitly detailed, MM firms typically offer slightly lower compensation than MFs, with variations depending on the firm's size, location, and deal focus.

Key Notes:

• Compensation in Europe can vary significantly based on the region (e.g., London vs. other European cities) and the firm's focus (e.g., core infrastructure vs. opportunistic strategies).
• European infra PE tends to have a more conservative approach to risk, which might influence bonus structures compared to the US.

For more detailed insights, you can explore the WSO PE Report or specific threads on European infra PE.

Sources: Overview of Infrastructure Private Equity, Infrastructure PE vs Traditional PE, Q&A: European PE professional at a Large-cap Megafund, Non US/Europe IB/PE Overview, Working for European PE as an American