INFRA PE PRESTIGE/COMP RANKINGS

Update: I am updating these rankings as new comments come through below 😊

PLATINUM TIER

OTPP
Blackstone (because of new Fund)
GIC
GIP
Brookfield
CIP
M&G
IFM
Stonepeak

GOLD TIER
InfraRed4) DWS5) KKR6) Antin

SILVER TIER

First Sentier
APG
EQT
ARDIAN
iSQUARED
MIRA (Macquarie) - pay is very sub par

BRONZE
JPAM
ICon
Basalt

OTHER (not good enough to make list)
Amber
Meridiam

Comments (42)

  • Associate 1 in PE - LBOs
2mo

QIC? Don't know anything about them and haven't worked in the space just curious

  • Associate 2 in PE - LBOs
2mo

This is a pretty fair ranking. I would personally have KKR at 1.5 just after GIP/SP and have BRK/EQT/BX at 2 with ISQ at 2.5. Of the unnamed, I would also put MIRA and ECP in 2. BlackRock starts the list at 3. This is from a prestige/comp/returns POV.

However, each of these have their own glaring problems - I think the most well rounded shops for a junior experience (sharpness/caliber of ppl, track record, autonomy, learning exp & variety, comp, culture, upward mobility) here would be at BX Infra now, and KKR Infra ~3 years ago on Fund III

You get the umbrella of MF prestige + MF comp + MF capital deployment size and get to participate in a growing firm strategy w/ significant tailwinds without the bureaucracy and hierarchy that naturally comes with a long, established track record (GIP/MIRA/BRK all at fund V+). The main downside is 1) a portion of your comp is in stock and 2) carry is less out-sized at the very, very top echelon (but, after risk-adjusting for an above-average career, I think you still out-perform given the faster promotion cycle re: where you'll be @ 30, 35, 40, etc)

Most Helpful
2mo
Nutry, what's your opinion? Comment below:

I am generally against rankings but this is a much better one than OP's. Some caveats from my perspective:

- In terms of track record, Brookfield is indisputably top tier. As a place to work for, maybe not so much.

- Stonepeak's track record is largely unrealized and they made some questionable recent investments. I believe they pay really well, though.

- ISQ had significant turnover at the Americas team so something is not right there.

- GIP is a powerhouse, I would say they are alone in their own tier, but their latest fund return is lacking a bit. Previous funds are awesome though and they compensate really well.

- EQT and CIP are super solid European managers.

Source: been in infra PE for the past 6 years.

  • Analyst 1 in PE - LBOs
2mo

As a mid-level professional at a top-fund (ignore my title), the original list is wildly inaccurate. GIP has done well, though is a place few people decide is worthwhile to build a career (since you get crushed). BX in particular should be ranked at or near the top - their fund, which is brand new, is larger than anyone else on the list, and their returns are top decile. EQT makes some very interesting plays too, though more infra-adjacent.

I haven't even heard of like 5 of the "platinum" or "gold" tier plays in the original post...

  • Analyst 1 in IB - Cov
2mo

CIP and M&G I never hear doing anything interesting (maybe different in Europe but probably not). HIG is "meme status" just not well thought of like ICON. DWS and the bronzes are meh. Infra is a tight world with a few meaningful players that can and will write big equity checks. Any process of scale will have GIP, Stonepeak, Brookfield, KKR, BX and a couple of the other big ones in the hunt. Canadian pension funds are solid too

2mo
@IB-Ldn, what's your opinion? Comment below:

Why is iCON meme tier? Anyone got any intel?

Controversial
2mo
ehpir, what's your opinion? Comment below:

Either you are an intern, a junior analyst one or you have no idea.

Guys like OTPP, CPPIB, GIC, etc, are top tier in infra.

Some funds like Basalt and ICON give carry from associate and if you compare what you make including carry vs what you get in bigger funds the difference is not that much at least before principal.

If you put HIG as tier one, man, you definitely have no idea LOL.

Bronze is more like DWS. Meridiam and Amber should not even be in the list....

  • Incoming Analyst in PE - Other
2mo

Macquarie is the biggest infrastructure asset manager in the world (look it up). Pay is street (Analyst 1 comp last year was 100 base and 90 bonus)

4d
YoungThuggaLaCroix, what's your opinion? Comment below:

Thanks for this ranking now when people ask me "who the hell is X" I can tell them that wall street oasis has them as a platinum tier infra fund

In all seriousness this stuff doesn't matter and i think also depends which area of infra you invest in - some specialise in one area, some invest all across

15h
theworldisyours__, what's your opinion? Comment below:

Illum fugit est tempora quidem. Nesciunt enim voluptas qui nihil et qui quas. Qui et consequatur animi voluptas et distinctio officiis. Et provident et et voluptate maxime quidem nihil et.

Quaerat atque voluptas culpa dolore qui. Aut dolorem ut minima consectetur sit adipisci. Quam natus id rerum veniam. Molestias quis est corporis sed.

Optio omnis enim veniam necessitatibus vel. Praesentium incidunt est unde dolorem accusamus optio. Sit sed eos reiciendis temporibus fuga eius.

Quibusdam ut libero et voluptates atque ut. Porro vero aspernatur similique rerum. Ad facere illo voluptatum quia distinctio. Velit assumenda fugit minus ea.

7h
nasdaq3xleverage, what's your opinion? Comment below:

Quia perspiciatis porro aperiam eum. Eum saepe soluta impedit beatae voluptatem omnis. Laborum unde officia voluptas quod qui dolorem. Sed et delectus ipsa in. Doloribus et facere ipsum distinctio minus cumque rerum.

Iusto ut non totam nostrum odit nobis. Ea tempore adipisci itaque tenetur. Expedita eius eaque repellendus aut vel sed. Omnis quo maiores velit mollitia id blanditiis exercitationem voluptas. Laboriosam asperiores ea ducimus omnis vel necessitatibus. Et neque accusamus error ut.

Recusandae a rerum qui. Cum eligendi sed et culpa assumenda expedita velit. Et aut debitis ea qui.

Start Discussion

Popular Content See all

Career Advancement Opportunities

November 2022 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 98.9%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.8%
  • Bain Capital 97.3%

Overall Employee Satisfaction

November 2022 Private Equity

  • Ardian 99.5%
  • The Riverside Company 98.9%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.8%
  • Bain Capital 97.3%

Professional Growth Opportunities

November 2022 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 98.9%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.8%
  • Ardian 97.3%

Total Avg Compensation

November 2022 Private Equity

  • Principal (8) $676
  • Director/MD (22) $599
  • Vice President (83) $363
  • 3rd+ Year Associate (83) $276
  • 2nd Year Associate (190) $264
  • 1st Year Associate (367) $227
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (77) $132
  • 1st Year Analyst (223) $122
  • Intern/Summer Associate (25) $68
  • Intern/Summer Analyst (276) $58