Read in multiple places here that Centerbridge / Apollo / H&F are the highest paying shops on the street but what is first-year associate comp?
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I heard $350k?
350-400 is right
any idea what 2nd year comp is?
350K all-in or just bonus is 350K?
All in
How does this compare to another MF like KKR? I thought MF market was 350K.
Most MFs bring peope in around $300k - maybe your actual numbers are closer to 350 if you get a great review/firm has a good year, but they're not going to make initial offers with that number.
Seconding this about 300k. MF can afford to quote at a slight discount because of their name, but literally nobody I know at KKR/BX has been unhappy with comp. It's a coveted exit for a reason
Centerbridge at the top of that range?
Centerbridge 350k TC first year for class that just started
What is considered “top of the street” for 1st and 2nd year associates today? $350k is great but I think that’s more common today among MFs. Would be curious if anyone had insight into comp at these places since historically they pay the most. I wouldn’t be surprised if it’s closer to $400k for 1st years and $450k+ for 2nd years
I’m not sure what others are paying, but know someone at Centerbridge who cleared $450k as a 2nd year
were they in buyout or credit?
Know someone at kkr directed to 150/150
As asso1?
yea i think that sounds about right for ASO1
Centerbridge is $350k, KKR is closer to the low $300s, BX is $300-$315k but on year-end bonus schedule, Warburg is ~$360k, Unsure about Apollo
Any insight on 2nd year comp at these shops? Curious because I’ve heard from friends at MFs that they don’t expect much of an increase in their 2nd year
Apollo is year-end bonus w/ $110-120k for stub bonus (so $370-390k annual)
I've heard 450 all in for Apollo - is that off?
.
Heard that Silver point 1st year associate comp is $400k guaranteed
Did you hear about any other credit hedge funds / opportunistic credit funds
this is the hf right? not the private finance group
Yes for their hedge fund, not sure about their private credit group
How does comp at these top funds compare to Q/CVP?
they're not paying associates $800k like CVP is ;)
Q >>>>
Frank Q is goat
Curious if KKR / BX will bump their comp, I know it's not meaningful in the long run and name brand makes it an extremely competitive seat but seems a bit low compared to market
Know someone at Advent who was guided to 350
That includes deal bonuses which you'll likely not get
How much does Thoma Bravo pay? I’ve heard that it’s up there but curious if it’s in line with the firms listed in the title
Bump
Silver Point and Apollo both $400k for asso.
Source: have friend in each firm
any info on sixth street comp?
They generally also pay top of street right?
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