MM/UMM Analyst Pay
Hey all,
Just want to gauge what the street comp is for fresh grad MM PE - is it comparable to IB analysts?
Trending Content - Private Equity Forum
| +92 | Cognitive decline | 31 | 45m |
| +55 | Vibe-Working in Finance with AI ? What about you | 34 | 1d |
| +49 | Del | 26 | 3d |
| +44 | PE VP: Thoughts on Quitting with Nothing Lined Up? | 15 | 4h |
| +18 | How do PE funds choose their advisors? | 8 | 1d |
| +18 | Acquisition Deal Structure: More Cash at Close vs. Smaller Equity Rollover in a Holdco | 3 | 4d |
| +17 | Is buyside worth it if most associate programs are 2 and out? | 4 | 4d |
| +15 | Those unemployed in PE 3+ months, how do you make progress every day? | 1 | 32m |
| +13 | How Cooked is Software PE? | 1 | 2d |
| +12 | Indian PE Landscape | 2 | 1d |
Career Resources
Based on the WSO Dataset, compensation for fresh graduates entering middle market (MM) private equity (PE) can indeed be comparable to investment banking (IB) analyst roles, especially at the lower end of the MM spectrum. For MM PE Associate 1 positions, the compensation typically ranges from $110-125k base with a 100% target bonus, leading to an all-in compensation of $220-250k for funds sized between $500 million to $3 billion. This is in line with entry-level analyst positions in investment banking, where total compensation also includes a significant bonus component on top of the base salary.
It's important to note that while the base salaries might be similar, the total compensation package can vary significantly depending on the performance of the fund, the individual's contribution, and the specific terms of their employment contract, such as bonus structure and potential for carry in the PE space. Additionally, the work environment, hours, and job responsibilities between MM PE and IB can differ, which might also influence one's decision to pursue one path over the other.
In summary, while base salaries might be comparable between MM PE and IB analyst roles, the total compensation, job structure, and career trajectory can differ, making it essential for individuals to consider their long-term career goals and personal preferences when choosing between these paths.
Sources: What is "Street" MM PE Compensation for Associate 1 & 2 and Senior Assoc. (3rd year), MM IBD (Analyst) > MM PE (Associate) > MM PE (Senior Associate) - Here to answer any and all questions!, Comp at Top MM Firms?, MM PE out of undergrad worth it?, Associates who started as analysts: Why did you stay in IB?
Went with IB instead but my MM PE Analyst offer was $100k base at a ~$3b aum shop in NYC. Not sure if this is consistent across the street
Any word on expected bonus?
UMM second year analyst comp was 125k base and 100k guaranteed bonus.
UMM PE ($10B+ fund) and first year comp is roughly $230k
Cumque quos molestias tenetur officia ut. Facere corrupti beatae laudantium quia libero quibusdam. Quisquam aut omnis est quia cumque. Tempore eius atque fuga et commodi.
Commodi enim et et nostrum eveniet repudiandae. Aliquam est dolores suscipit beatae dolores sed unde non. Sit voluptates aperiam a quisquam et minima. Voluptas eveniet sed iure non. Ab ut ut perspiciatis accusamus quidem. Fugit eos et quo aut quis error rerum. Aliquam suscipit quam delectus odio exercitationem ipsa.
Blanditiis consectetur eius id. In ut et vitae voluptas. Non asperiores velit ea aut fugit est. Neque libero quas sint natus. Autem commodi voluptatem nihil officiis voluptatem explicabo sapiente.
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...