Private Equity compensation in Europe and Asia?

I am a bit curious about whether PE firms compensate as generously outside the U.S., especially as opportunities in ex-U.S. markets appear to be both increasing in number and accelerating in long-term strategic importance to PE firms. My own firm is looking to open offices in London and China sometime this year.

How much do pre-MBA PE Associates get paid in Europe? Is there any difference in the components of the all-in comp (that is, more of a phantom equity bent etc.)? Do the Large Caps (KKR, Bain Cap, BX etc. ) pay in-line with their U.S. counterparts or less?

What about Asia? Is it more worthwhile to work for a local firm?

How do U.S. recruiters look at Asia or Europe buyout experience? Better, worse, same as U.S. buyout?

It's something I've been thinking about increasingly. The PE market in the U.S. appears to be stalled while deals are still getting done in India, China etc. I wouldn't mind going abroad (wouldn't prefer it...) to get valuable experience while the market is hot.

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