Fairly common at MM shops, as Portfolio associates can easily seek to work on new originals if keen (and sometimes required to due to lean structure). Target bonus is 50% for PM in MM.
Would be keen to hear how this compares to MF and fluidity of moving between portfolio and investment teams?
Recruiter told me Fortress PM associate all-in comp was $250k for Dallas. Thinking about how far that would go, it was tough to not throw my hat in the ring, but I’m not interested in PM work.
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Bump.
Fairly common at MM shops, as Portfolio associates can easily seek to work on new originals if keen (and sometimes required to due to lean structure). Target bonus is 50% for PM in MM.
Would be keen to hear how this compares to MF and fluidity of moving between portfolio and investment teams?
Del Del
Recruiter told me Fortress PM associate all-in comp was $250k for Dallas. Thinking about how far that would go, it was tough to not throw my hat in the ring, but I’m not interested in PM work.
What would have been the base salary?
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