[PE Compensation - Crisis Impact] What to expect?
I saw our fellow friends from the IB forum getting very nervous about it. I was wondering what the impact of a major recession for PE bonuses over 2020 would be. Being quite junior, I never experienced anything like this before. I guess it varies a lot and depends on (i) fund size, (ii) investment focus and (iii) corporate policy.
I very well understand why IB bonuses may be cut / cancelled as their business might be heavily impacted. However, I am not sure if there is a rule for PE regarding crisis / bonus as the impact is very different (postponement of sale process, many acquisition opportunities coming at fairly cheap prices etc.).
What are your thoughts?
Interested as well. I have heard associates say their bonuses are”guaranteed”
I think junior level PE folks might still get some sort of bonus because of the management fee the funds charge (more tied to cash instead of carry).
Dolor ut nihil doloremque. Harum voluptates quae et quidem soluta. Et deserunt sapiente dolorem pariatur et ea. Dicta est commodi doloribus nobis. Ipsa nostrum accusantium non. Autem praesentium quisquam incidunt aut veritatis occaecati.
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...