MF salary expectations - regional office
Hi all,
I'm moving from a top IB bank GS/MS/JPM (private equity/ merchant banking arm) in London to a regional office of a MF (KKR/CVC/EQT)) in continental / Eastern Europe where the costs of living are much lower than in London.
What salary can I expect? How would you form a view on what is reasonable? I'm asked to give them my expectations and have heard from a friend that I could get a "London salary" because the office is very small and they don't adjust the salary for local costs of living but there is hardly any data point to confirm if it's true and I don't want to be too aggressive. I would expect that they pay more than the other PEs in this country because they are the only global player who is present there but I may be wrong.
In other words, how different is the MF salary in London vs. in regional offices if we talk about offices in countries where PE market is less mature than e.g. in Germany or France (where I assume you can do some sort of benchmarking)? Is there any way to get more data points?
Many thanks!
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