Midcap Financial?
My twin sister is applying to Midcap. Does anyone know about this firm and it’s culture? What is associate comp approximately?
Trending Content - Private Equity Forum
Career Resources
WSO Free Modeling Series - Now Open Through
September 30, 2026
9 Free Financial Modeling Lessons
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.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Comp was pretty low (way below average) at least two years ago..I think they get away because the lifestyle there is much better with almost no weekend work.
Thanks. What does “way below average” mean?
From what I heard Associate 1 making IB Analyst 1 all-in comp
Interested to learn more here as well
Twin sister's @?
I have former juniors who work there.
I believe the pay is equivalent to the hours, meaning actual work is like 40% less than normal banking hours and pay reflects that. At least that’s what they told me. So if an associate 1 at a normal bank works average 80 hours a week and makes 400k, mid cap kid works 48 hour work week and gets paid around 240k.
However, at the small random places, I’ve noticed once you make director level and above, you can make great money.
Associate 1 was indicated $125k to $140k, +20% bonus
Thanks for the data point. That does sound remarkably low.
Do you know if they hire through a headhunter or just post on LinkedIn?
Bumping for more thoughts.
Pretty much what other commenters said - comp is low, WLB and culture are generally good. Turnover has increased as the company's grown, but a lot of people stay because on balance it's a stable / sustainable place for an upper middle class income with a chill lifestyle. Just a matter of what you prioritize but definitely doesn't check most WSO boxes. Wouldn't say there's a well worn path for exits for juniors - have been all over the place (business school, LMM PE, some upmarket moves in PC, corp dev, family offices) etc.
Thanks for the info everyone. Bumping to see if any others want to share their thoughts.
Have a close friend who works there and they pay a little below market for Associates (~$110-$140K + 30-50% bonus / i think you get a small bump every year for pay). No-coinvest or carry. Some type of extra pay at the senior levels though. WLB is pretty good though from what he says. 40-50 hrs in normal times slightly hire when staffed on multiple deals .
Deal flow is pretty good as well so you get to work on a number of deals. From my conversations, seems like it’s place where you go to have a solid mid to high six figure job in the later years and stay long term vs try knock it out the park in comp with other shop MM/UMM direct lending shops
In et eius architecto veniam. Dolore ullam accusantium assumenda porro vero. Quos quis aut sint exercitationem ut laboriosam vel. Error fugiat architecto iusto suscipit. Aut quis autem doloremque quia.
Praesentium tenetur omnis ea explicabo fugit accusamus. Voluptate quasi ipsam possimus animi autem aut voluptatum et. Sunt dolore temporibus atque doloribus. Itaque consequatur nisi earum vel voluptatibus. Iusto dicta illum et distinctio quae eligendi sint. Fugiat quis dolorum consectetur nemo enim. Harum veritatis qui similique soluta error alias minima iste.
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...