VP / Investment Manager Salary in Pan-European Middle-Market Fund

Hello all,

Looking to get some insights on the expected total compensation of a VP / Investment Manager (7-8 years of total experince) in a Pan-European middle-market fund.

The fund in question is highly delocalized across several European countries (i.e. doesn't have a single hub, and all regional teams are quite independent), has c.€8 - 9Bn of AuM and latest fund size is €2.0 - 3.0Bn.

Any compensation insights on any of the following comparable PE houses would be very helpful:

  • IK Investment Partners
  • Equistone
  • Waterland
  • Levine Leitchman
  • Inflexion Private Equity
  • Bregal Unternehmerkapital
  • EMK Capital
  • Livingbridge
  • Capvis Equity 
  • Exponent Private Equity
  • DBAG
  • Gilde Buyout
  • Deutsche Beteiligungs
  • Paragon Partners
  • Ergon
  • Ufenau Capital Partners
  • Argos Wityu
  • Quadriga Capital
  • Afinum Management
  • Invision Private Equity
  • Aurelius Equity Opportunities
  • German Equity Partners

Many thanks in advance!

Comments (20)

  • Analyst 2 in IB - Cov
1y 

bump!

  • Associate 1 in PE - Other
1y 

Bregal is known to pay close to top of the market in Germany as they grant carry to juniors already. However, also rumored to be quite the sweatshop.

  • Analyst 2 in IB - Cov
1y 

Bregal pays 180 Euro all in + carry for Associates i heard

  • Investment Analyst in PE - LBOs
1y 

.

  • Analyst 2 in IB - Cov
1y 

Aurelius pays really low on all levels

10mo 
jackdonaghy26, what's your opinion? Comment below:

Was wondering nearly all their investment team started in a Big 4 type role as they seemed to have interesting UK investments. Guess that explains not having more previous IB An/ASOs.

Array
7mo 
Milken13, what's your opinion? Comment below:

Have this from a friend who works at a Pan-European MM Fund (think IK, Inflexion, Equistone) and is based in London:

  • 6 Years of experience of which 2 in PE
  • GBP130k salary 
  • Bonus between 80-120% of salary 
  • Got carry after 2 years with the firm
7mo 
Milken13, what's your opinion? Comment below:

don't know exactly.

He mentioned allocations depend on where the different funds are at in their life cycle. He only got an allocation in 1 fund for the moment but might get more next year

  • Associate 1 in PE - Growth
7mo 

so he is a second year associate on roughly 260k all in? Seems very high for MM, this is MF comp

7mo 
Milken13, what's your opinion? Comment below:

He just started his third year and got a raise to this package last month. I think he was at £110k before

Yes sounds quite nice tbh

4mo 
BoogieRookie, what's your opinion? Comment below:

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