Middle Market PE Pay

Your profile indicates that you are being paid below market, but "market" is a pretty broad term in PE, particularly in the MM.

What kind of work experience (and for how long) did you have before joining the fund?

you may be "underpaid" relative to peers at larger funds, but you have to compare yourself to people like yourself at funds of relatively the same size. Also take into account whether the experience you are getting will be more valuable after bschool (assuming you're going that route) than someone who was at a large fund that structures its teams the way banks do, ie heavily and with super defined roles. Firms want people with broader experience after bschool.

I have found that PE pay is high correlated with size of fund and can vary quite greatly.

From what I've seen and heard for 1st year associates (salary/bonus/total comp):

500M: 80-100/60-100/140-200 500M-2B: 90-100/80-140/170-240 2B-10B: 100/100-150/200-250 10B+: 100/150-200+/250-300+

less than 500: 80-100/60-100/140-200 500M-2B: 90-100/80-140/170-240 2B-10B: 100/100-150/200-250 10B+: 100/150-200+/250-300+

Good info -

I work at a fund in the 2-10 range and will be getting 250.

How does one get into a MM PE SHOP??

U apply after 1 or 2 years of banking

if one enters a decent group at a "jpm" does two years, come from a dope school, high gpa, personable- should one be worried about sacrificing two years for nothing?