Private Credit Associate Comp?
What do most PC associates make at LMM - MM funds? Salary / bonus / carry (if any)
Location: Chicago
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Based on the most helpful WSO content:
Private Credit Associate Compensation at LMM - MM Funds
Location: Chicago
Salary and Bonus:
Carry:
Additional Insights:
Compensation Ranges:
Workload and Performance:
For more detailed discussions and data points, you can refer to the threads on Wall Street Oasis: - https://www.wallstreetoasis.com/forum/credit/private-credit-direct-lend…</a">Private Credit / Direct Lending Comp - https://www.wallstreetoasis.com/forum/private-equity/pe-mm-associate-co…</a">Pe MM associate comp
If you need further specifics or have more questions, feel free to ask!
Sources: Private Credit / Direct Lending Comp, Data: Average Private Equity Compensation and Carry from Associate to Managing Partner, LMM PE Associate Experience - What is it REALLY like?, Private Credit Comp, Restructuring --> Direct Lending / Private Credit
If unitranche lender like 165 all-in, if more flexible mandate then like 200-225 if higher yielding
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