Secondaries/Coinvestment Compensation
Anyone have insight into the Analyst-Associate-Partner compensation at a Hamilton Lane/Partners Group/Ardian/Stepstone Group type firm? There is little info out here about this.(Base, bonus, carry expectations later on)
GCM Grosvenor secondaries associate comp was $135k base and $135k bonus target
Secondaries comp varies quite a bit by firm, both by $ and by structure. For example, I know at Partners Group, cash comp is lower but there is an equity component introduced early on in one’s career. My info is a few years stale, so it could have changed.
Generally speaking, associates at top 15 shops can expect low 100s in base and total comp ranging from high 100s to low 200s. Senior associates have a bit of a bump in base and sit in the mid 200- high 200 comp range. VPs have base in the 150-200 and total comp from 350-500+ in addition to carried interest.