2 Comments
 

Based on the most helpful WSO content, the compensation for a Business Development role in a PE firm can vary greatly depending on the size of the fund and the geographical location. An Associate role, for example, could earn between 125-200+ all in. However, transitioning from a Banking Associate to a BD Associate isn't exactly a 1:1 comparison, and it might be beneficial to aim for a Sr. Associate or VP title.

In terms of lifestyle, it's generally considered less stressful and has better hours compared to banking. There might be a bit more travel involved, which could be a few days a month on the road, but this is often balanced by the social aspect of attending conferences and networking events.

As for the carry, the context doesn't provide specific information. However, it does mention a no-fee, no-carry co-investment opportunity in a lower mid-market company, which could potentially lead to significant earnings if the PE firm performs well.

Remember, these are general insights and actual compensation, carry, and lifestyle can vary based on numerous factors.

Sources:

  1. Business Development Role at PE Firm
  2. Leave PE for Corp Dev VP role?
  3. The logic behind going into a Corp Dev/Strat for work-life balance?
  4. PSA: Consider Regional Boutiques. Good Comp + Lifestyle
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