Asset Management comp for upper levels
We all talk about comp for analysts and people straight out of college but what does comp look like for those of you who have been in it for 5+ years? Am curious to see what you VP’s/Directors make in AM
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Also interested.. if someone with 5+ years could chime in
Couple of data points (all New York)
(Equity) Director at a Life Co: 175k base + 150k bonus. Carry is another 300k/year assuming they hit underwriting (they probably won't at this point) with a 5 year vesting schedule (rolling). 10 years post MBA.
(Equity) VP at a GP: 175k + 75k bonus. No carry. ~5 years out of MBA.
(Equity) Senior Associate at a fund: 200k base + 150k bonus. No carry. 5 years out of MBA
(debt) head of AM at a fund: 15+ years. 300k base + 300k bonus + 350k carry
(Debt) Principal at a fund: 15+ years. 250k base, 250k bonus, 150k carry
(debt) VP at a fund: ~13 years. 200k base, 150k bonus, 150k carry
The debt people I know tend to make more $ because we are at large funds vs the equity people I know which is a mix of smaller funds and life cos.
Where did you get these numbers from?
These are salaries of friends in the industry.
Interesting, I was always under the impression that equity roles make more money than debt.
I mean the equity roles look like 5 YOE for ~250-300k, and the debt is 10-15 YOE for 500k
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