What is Associate comp in RE groups at megafunds?
I'm in the process at a couple well known MFs (think Blackstone, KKR, TPG, etc.). My experience is 3 years in REIB.
I have heard Associate base for PE at MF's is $125k + ~100% bonus. What can I expect in the RE group? Same/similar? Or lower? Anyone have any color they can share?
Thanks!
I would say you are talking the top-end of comp. Generally $200-250k all-in for NYC roles. Then again, 3 years as an Analyst would earn you more than 2 years so that's a consideration.
This is ONLY for the type of funds you mentioned. There are a large shops that do not pay associates like this (off the top of my head - Carlyle, CIM)
Carlyle in DC pays $100k base w/ 100% bonus for 1st yr associates.
I see. So would other large shops pay pay closer to $200k all-in? I didn't realize Carlyle paid less than the others.
Trying to get a better sense of the RE PE Associate comp landscape
It's true Carlyle is below market. Blackstone is above market, and most other places (Starwood, TPG etc.) are all in the middle around the 240-250k all in range.
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This was years ago but I had heard through a friend from college that Carlyle has a shitload of asset managers and not as many deal team people, and that they don't pay that great. I could see the deal team people getting paid more.
Anyone have an update on the big guys like Carlyle, Blackstone, Starwood, Rockwood, CIM, Angelo Gordon, Lone Star?
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