Sense checking LMM Comp As1
Hey all,
Wanted to check what WSO thinks is generally reasonable for a LMM buyout fund comp.
For reference latest fund size 900m-1bn, total AUM 2-3bn. Located in NYC. For associate 1 I was thinking 260-290k with 150k base, does that sound reasonable?
Curious to hear if anyone has any comps or thoughts on this
Following
Bump
Probably closer to 225-275 total comp. Base should be somewhere between 125-150. Have seen a lot of funds in the 115-135 range base at that fund size.
Curious is that fund size more MM or LMM? Thought LMM was around $500m
Yeah agree that “LMM” probably isn’t the most accurate term - wasn’t sure how to write “lower end of MM”
Understood. Agree with above that 225-275 all-in sounds in line. 125/125 (base / bonus) sounds more likely
Ya your numbers are kind of high but not absurdly high. I think at the end of the day , street for PE associate is 300k plus or minus ~50-60k— take 50k off if you’re super LMM and add 60 or maybe closer to 400 all in if you’re like an Apollo
Dolorum porro deleniti autem culpa a quia voluptatem. Quo quaerat qui ab nisi reiciendis ab. Consequuntur perferendis nihil aut repellat nihil quo quasi. Dolorem aliquam facilis nobis nam necessitatibus velit vel.
Doloribus perferendis accusantium in deleniti. Explicabo itaque dolorum quia nisi ut vel similique. Neque nostrum doloremque officiis commodi. Tempore quibusdam quo similique omnis quam facere.
Laboriosam repellendus quam inventore illum aut. Perspiciatis quo quam molestias est dicta nesciunt iusto. Illo iste nam maiores rem. Alias odio quas eum facere quis dolorem veniam.
Quia molestiae unde aut repellendus sint facere inventore. Voluptas quibusdam sed occaecati aut consequuntur et corrupti qui. Quae molestiae aperiam hic quibusdam sunt illum sequi. Iusto quia officia excepturi id nihil. Veniam deserunt aut est aliquid officiis.
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...