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Based on the most helpful WSO content, compensation at a mega-fund (MF) in London for real estate private equity is quite competitive. Here's a breakdown:

  • Base Salary: Around £100k.
  • Bonus: Typically ranges between 125% to 175% of the base salary.
  • Carry: Not typically included at the associate level.

This aligns with the trend that mega-funds pay significantly higher than smaller funds, which might offer a base salary of £80k with a bonus of 70-100%. Keep in mind that first-year investment banking salaries have increased to £65k, which has put pressure on smaller funds to remain competitive.

Sources: Q&A: London REPE MF Associate, Q&A: London REPE MF Associate, What is your compensation in Real Estate Finance?, Q&A: Equity Analyst at a Sovereign Wealth/Pension Fund

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Calm down non-member of the investment committee. I have no reason to not tell you the truth, my username is even anon.

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