Mid tier pension pay

Ah, diving into the jungle of compensation in the mid-tier pension world, are we? Based on the most helpful WSO content, let's swing through what we know about the compensation landscape for associates and senior associates at mid-tier pension funds like IMCO, OPTrust, and their peers.

While the specific numbers for each fund might not be explicitly detailed in the context provided, we can infer some insights based on the general information available:

1. Comparison with Larger Funds: The context mentions that smaller pension funds like PSP, AimCo, IMCO, HOOPP, OPTrust, BCI tend to pay less than the larger counterparts such as CPPIB and OTPP. This gives us a hint that while the exact figures might not be available, compensation at these mid-tier funds is likely to be a notch below what's offered by the giants in the field.

2. General Compensation Structure: The context also touches upon the promotion cycles and how they might affect compensation over time. For instance, investment banks typically promote on a 3-year cycle, whereas large pension funds like CPPIB promote on a 4-year cycle. This could imply that progression and therefore compensation growth at mid-tier pensions might also follow a slower trajectory compared to more aggressive sectors like IB.

3. Relative Positioning: Given that Onex/Altus are mentioned to pay the most, in line with US megafunds, and that smaller pension funds pay less, one could smartly infer that mid-tier pensions like IMCO and OPTrust would offer competitive but not top-of-market compensation. This would likely place their compensation packages in a moderate position when compared to the broader spectrum of investment roles.

To get the actual numbers or more detailed insights, one might need to delve deeper into specific threads on WSO, reach out to industry insiders, or consult the latest compensation reports available on the platform. Remember, the jungle of compensation is dense and constantly evolving, so keeping an ear to the ground on forums like WSO is key to staying informed!

Sources: What’s associate / senior associate pay at LMM PE firms like Riverside / LLR Partners?, Canada IB vs PE Comp Megathread, https://www.wallstreetoasis.com/forum/investment-banking/elite-boutique-consensus-associate-compensation?customgpt=1, TORONTO 2020 1st-Year PE Associate Compensation, What’s associate / senior associate pay at LMM PE firms like Riverside / LLR Partners?