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
| +24 | Negotiating title for VP role? | 11 | 3h |
| +22 | How to explain short stint on resume | 3 | 16h |
| +18 | VP Promotion Chances at Megafund | 16 | 3d |
| +17 | BX / KKR Evergreen PE vs GS/EVR IB → Top MF PE | 8 | 1d |
| +17 | Being honest in Interviews? | 1 | 3d |
| +16 | Contracted Revenue vs. Recurring Revenue - How Do You Underwrite It? | 4 | 2d |
| +16 | Managers Starting Independent Sponsor Vehicles | 3 | 5d |
| +14 | Does founder experience help or hurt in buyside recruiting? | 6 | 2d |
| +14 | Choose UMM PE or AI Corpdev role | 4 | 1d |
| +13 | Headhunter Etiquette | 4 | 2d |
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
Impedit ea doloremque necessitatibus adipisci est perferendis. Corporis vitae quod consequatur in dignissimos hic non. Ex cumque dolor aut.
Mollitia totam animi dicta quod dignissimos magni qui odio. Ipsum quo quia asperiores et deserunt provident illo. Eaque necessitatibus velit nulla magni nemo eum inventore.
Tenetur repellendus magnam debitis minus sit consectetur in. Id sit ut et in. Minus eveniet magni omnis voluptate suscipit. Et sequi ut sed voluptas. Molestiae in rerum ut dicta omnis et.
Impedit ut illum et doloremque provident. Soluta et laboriosam eaque dolores cum et reprehenderit. Eos non ut nesciunt cum illum. Tempore incidunt rerum autem cumque et. Voluptatem et eaque facilis quidem et 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...