Hi All!
I am currently interviewing for an associate/senior associate position within the direct private equity of a dubai-based large single-family office.
- What’s the typical compensation I should expect?
- Do family offices typically pay carried-interests?
thanks in advance for your time!
| +60 | Working on Juneteenth | 35 | 13h |
| +24 | From Public Equities to Private Equities | 4 | 5d |
| +22 | Hardest time I have ever seen to be a GP | 3 | 1d |
| +19 | How to Get on Career Track / Stay Post ASO years | 6 | 18m |
| +18 | Weighing exit from LMM PC/PE | 3 | 14m |
| Search Fund Internship Vs. Internship at my family's Family Office | 10 | 1d | |
| +15 | Healthcare PE | 6 | 1d |
| +15 | KKR comp for Principal | 11 | 27m |
| +15 | Anyone have intel on Aterian Investment Partners? Culture, Comp, Performance? | 9 | 4d |
| +12 | LMM groups within larger platforms? | 1 | 5d |
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.
I know a couple of mates who worked had offers from the likes of ADIA/ Mubadala. Salary at this level varies depending on experience and professional background - average base AED 600k to 900k per annum plus 30% to 60% bonus. Carry is rare at this level! Note all compensation is tax free.
This is for associate role?
Yes associate & senior associate level
Is it true that progression to senior level is difficult due to nepotism?
Yeah and citizenship. If you are from a Western nation and are white/Arab you have a better chance at progression. Dubai has actual institutional racism where you get paid based on your passport, so if you’re from like India you will get paid 3x less than a European or a UAE local.
UAE locals are usually the most common to dominate leadership roles and so are Europeans. It’s a uphill battle to get leadership roles since there is so much random politics that go beyond work, can’t have too many non-Arabs in leadership, need to have some fringe royal’s kid progress upwards really fast, can’t have a South Asian managing UAE locals, etc.
If you think America has a fairness problem get ready for UAE, lol
Voluptas ducimus et perspiciatis molestiae. Eos at et necessitatibus et. Qui commodi vel et doloribus. Ut quia sunt est magni voluptatibus eos dolores. Optio nisi molestiae et magni omnis aut.
Velit quaerat ipsa dolore rem. Alias consequuntur est est alias possimus inventore perspiciatis. Quibusdam hic a sint voluptatem et.
Labore omnis possimus neque qui esse. Cumque temporibus impedit minus nihil pariatur et assumenda. Amet officia et et quas illum.
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...