PE Comp Step-Ups
Has anyone at the ASO level in PE seen base salary increases in light of almost every single IB bumping their ASOs? Most leading IBs are paying their ASOs $175-200K base depending on year, which is considerable north of the $125K base that most PE funds dole out. All-in seems like there’s an appreciable difference between PE and IB comp (again, at the ASO level specifically) and I’m surprised PE funds haven’t moved to close that gap.
Supply and demand
bump
No change in base but bonuses at my fund increased by $20k to $30k.
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