Investor Relation / Fundraising Total Comp Bulge Bracket PE

Currently working for a leading MM Investment bank. Have no plans to make a career out of IB in the long-term but debating either staying on for associate (Mid 2025). Or heading over to the IR / Fundraising side instead of doing the IB associate route.

What is the typical salary and bonus at the associate / entry level for large PE firms on the IR / Fundraising side. Of course will not be the same as IB associate but curious how much difference it is. 

Additionally pros and cons of doing IR over Bus Dev?

2 Comments
 

Based on the most helpful WSO content, here's what you need to know about compensation and career considerations for Investor Relations (IR) and Fundraising roles at large Private Equity (PE) firms:

Compensation for IR/Fundraising at Large PE Firms:

  • Associate Level Salary: Typically ranges from $70k to $90k.
  • Senior Associate Level Salary: Typically ranges from $90k to $120k.
  • Bonus: Can vary significantly based on the fund's performance and specific campaigns, with some reports indicating bonuses as high as 80% of the base salary for successful capital raise campaigns.

Pros and Cons of IR vs. Business Development (Bus Dev):

Pros of IR:

  • Stability: IR roles often provide more stability compared to the high-pressure environment of Business Development.
  • Networking: Strong focus on building and maintaining relationships with investors, which can be beneficial for long-term career growth.
  • Work-Life Balance: Generally, IR roles may offer a better work-life balance compared to the demanding hours in Business Development or traditional IB roles.

Cons of IR:

  • Compensation: Typically lower than Business Development roles, especially when compared to the potential high earnings in IB.
  • Career Progression: May have a slower career progression compared to Business Development roles, which can offer faster promotions and higher earnings potential.

Additional Considerations:

  • Commitment to the Fund: In PE, especially in roles involving carry, you may need to stay with the firm for several years to see significant payouts.
  • Fit and Culture: It's important to consider the culture and fit of the firm, as well as the specific responsibilities and expectations of the IR role.

For more detailed insights, you can refer to the WSO thread on Private Equity Pay vs. Investment Banking Salary and other related discussions on the Wall Street Oasis forum.

Sources: Private Equity Pay vs. Investment Banking Salary, PE Business development compensation? What's the typical range for a VP?, From Private Equity Associate to VP in Private Equity, Do PE IR guys get paid on par with Investment team?, What’s the deal with Investor Relations?

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