Does anyone know the typical comp trajectory for someone working in the co-invest team at an LP let's say from the VP level and up? Where does the comp cap out?
I imagine it's less than direct PE but have had trouble finding data points.
For anyone in the industry, how do you like the role / what are the pros / cons?
| +89 | Nothing to do at work & bored to hell | 9 | 17h |
| +67 | Do people over-index on 'moats' | 22 | 10h |
| +52 | Predicted Net Worth in Trodden Finance Path by 60? | 20 | 17h |
| +44 | Biggest (avoidable) failures in PE Investments? | 25 | 12h |
| +38 | Why is ROIC never really a topic when looking at companies IRL | 11 | 4d |
| +24 | What do you think of PE Value Creation Careers in 2026? | 6 | 2h |
| +19 | Senior IR Lifestyle | 3 | 6d |
| +12 | NY LMM PE Recruiting | 3 | 1d |
| +12 | Honest opinions needed about lateraling | 4 | 2d |
| +12 | How to approach Buyside Recruiting | 3 | 5d |
Career Resources
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.
It's going to range quite a bit based on size + fee structure (FoF vs. pension/insurance co/etc.). As a data point for VP1, have heard total cash comp in the ~$400K range (Tier 1 city). Carry is much harder to pinpoint given different fee structures as mentioned. I would say generally, total trajectory at a large LP is probably similar to LMM/MM comp trajectory based on the few data points I've seen.
Pros: you still get to diligence a variety of businesses / industries but have better WLB (usually), and you can have a very sustainable, comfortable lifestyle comp-wise
Cons: you're one layer removed from direct diligence and mgmt, so not really in the drivers seat. A lot of the work is really just sense checking what the GP is doing vs. drawing your own conclusions, and in that sense, it's a bit more boring. You're probably also never going to hit those massive carry paydays like you can on the GP side
Debitis voluptatem dolorem quaerat sit. Est esse qui in est. Molestias est asperiores fuga. Illum hic veritatis sint quos nemo. Aspernatur autem debitis pariatur laudantium.
Sit et est quo aperiam maiores labore. Reiciendis et eligendi sint iste dicta et sequi. Consequatur provident officia eaque. Ducimus et qui et saepe expedita. Fugit animi magnam fuga et. Neque nisi asperiores dolorem et sequi.
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...