Any sign of PE firms in London raising comp following the changes in IBD - curious to hear about people's experiences with offers, HH's etc... With 20-40% pay bumps for AN/ASO, a lot of LMM/MM shops would be looking pretty uncompetitive if comp was the same as I remember pre-Covid
| +43 | Lateraling at senior associate / VP level | 15 | 21h |
| +28 | Imposter Syndrome: PE to Publics | 4 | 4d |
| +26 | Ares buying LGP...now what? | 8 | 3d |
| +20 | Dumb guys in LMM PE making more than IB? | 11 | 1h |
| +19 | Do PE VPs Always Have An Associate Under Them? | 12 | 2d |
| +18 | GTCR vs BDT MSD vs MDP | 16 | 2d |
| +17 | Hours at MF Infra Funds in London | 2 | 1d |
| +14 | Committing to CD&R? | 9 | 4h |
| +14 | Setting the right LBO entry multiple without information | 3 | 6d |
| MBA to EM Infra Investing? | 3 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Cannot speak for LMM/MM funds but a good portion of UMM and MFs have raised base salaries. Some are still slightly below IB base, but pay higher bonuses >100% (GBP90-110k base ASO1). Others pay closer to 50/50 (fix/base) which will equate to GBP110-130k base ASO1.
deleted
More than 110 GBP base?
Curious about this as well. I can tell you my MM has not, and it’s p***ing everyone off
Speaking with friends across the street, quite a few PE firms have not made any changes following IBD raises. Don’t know if they will adapt though, I think they seem to think IBD raises are seasonal and will not be sustained, we will have to see however also I think they also do not draw parallels between base raises and people remaining in IB. Seems like regardless of 10-20k increase, you’re going to leave if you have your heart set on PE.
I think it will make people think twice before leaving frankly
Agreed, if you are an analyst at an EB looking at £120k base for Associate 1 compared to 90k at a MM PE fund, and probably a similar or bigger bonus considering the higher base, then I think a lot more will stay.
Anyone know all-in comp for analysts/associates at Apollo London?
Bump
Bump
Vitae sit non et. Qui quis nihil et corporis. Rem et vel blanditiis consectetur voluptas quis.
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...