LMM/Regional PE Comp
Curious to hear the typical career progression and respective comp for lower middle market and regional PE firms ($400 aum outside of NYC)
Trending Content - Private Equity Forum
Career Resources
Bump
Outside of your aum range but still lmm. 500m fund size ~1.8b aum. Tertiary city. All in comp first year aso is 150
That seems low for $500m fund size. I'm at a LMM firm with significantly less AUM and fund size and all-in first year is ~$150-175k. Btw, this topic has been discussed a few times recently on here.
It is low. They are known for underpaying and overworking
How about vp1?
Vp is about $350. Comp was bumped up as well to 200 for aso1
Terrible - you need to bounce asap
Sub-$200MM shop in secondary city. Same $150-$175k range all-in, with most of that from base salary. Progression is roughly the same as anywhere else, but less rigid. No 2-and-out policy or MBA required
This is for analyst or associate?
Aso obv
Definitely associate. Think $90k-$120k all-in for shops like this that offer analyst programs, which is the minority of them. No sub-$200M shop’s paying an analyst $175k in Dallas or Atlanta lol
T2 HCOL city and surrounding area. For $500m funds, generally $175k with $150k being pretty common across several datapoints and strategies such as growth, buyout, combo of equity and credit. Base tends to be >$100k.
For progression, LMM funds tend to be more open to career track, however by no means is it guaranteed so I would try to find some signals that suggest that this is feasible like the % of associates who are promoted to senior associate and senior associate to VP.
Can anyone comment on 500mm - 1.5b funds too?
Interested in figures for Sr. Associate and VP as well.
any info on LMM non chicago, midwestern funds (minneapolis, cleveland, pittsburgh, detroit areas)
bump
Any insight on Houston or Dallas?
Wide range because there are a lot of small funds in TX, but the $150k-$175k range seems about right for this fund size. Can personally attest to friends making between $140k and $180k, with most in the $160k-$180k band
Thanks for the info! Just curious how does comp scale in TX once you start looking at firms right about the 1B - 5B size?
How strongly is comp related to fund size?
bump any midwest data points
200k all in As1 pretty standard
Qui dolorem soluta repellat animi assumenda. Totam quisquam ratione omnis quia aut hic non. Provident voluptate qui optio qui maxime tempore. Vel aspernatur id eos enim adipisci deserunt amet.
Molestiae dolores ut doloremque quae. Velit qui animi dolore ut nostrum sed vero. Veniam beatae eligendi ea quo minus nemo aut. Deserunt excepturi odit maxime neque tempora dicta qui.
Ab harum provident doloribus est sequi. Laboriosam laudantium est et dolorem a. Illo qui consequuntur maiores accusamus. Id dolor perspiciatis voluptas ipsam corrupti repellendus non.
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...
Commodi voluptas deserunt voluptate sint. In et ipsa odio ut. Nam voluptatibus voluptas perspiciatis. Eaque veniam excepturi assumenda hic odio laborum non.
Ipsa laborum doloremque asperiores nostrum quos sed aut. Nam voluptates quo eum ullam nihil ut numquam. Reiciendis non vero eius asperiores in illo ut. Earum in expedita aut voluptatem nam esse.
Aut ea debitis consequatur magnam laboriosam non consectetur. Suscipit impedit et maiores ut. Consectetur alias nihil fugit enim accusamus. Soluta et sapiente dolor molestiae ut et. Voluptas dolores consequatur voluptatem.
Blanditiis eos ipsum illum aperiam quaerat. Ea voluptatum accusamus blanditiis sequi quod. Qui enim aliquid sed quo. Nihil aut quo ratione voluptate magnam natus. Eos voluptate iste quam quos. Repellat amet possimus et iusto non minima officiis.