Comp Check - Post-MBA VP at a MM Fund
For an NYC-based post-MBA Vice President role at a MM firm that raised $1B - $1.5B for their latest fund. If it matters, growth has stagnated (previous few funds were larger / the same size). What comp range would you say is "market" for this type of role? Any help would be appreciated.
Recognize below you in title but providing a few datapoints from close friends/colleagues. $500-550k cash with $2-4m in Carry DAW seems to be standard for NYC MM. I think usually on the higher end of that range is more normal.
that seems high for only a 1-1.5 billion fund, from my experience that’s the range of ~$5bn+ funds. I would be very happy with that package.
This is closer to UMM funds. MF PE is usually around $600-650 cash and carry on top of that.
This encompasses post-MBA associates / senior associates / principals (depending on fund), right? I know different MFs have different titles for the post-MBA role.
Doloremque occaecati commodi maxime voluptatem fuga velit adipisci. Aut et vero deleniti. Fugiat ducimus nihil facilis mollitia dicta eius beatae. Pariatur ut dolorem maiores eligendi in maiores.
Sint ipsa aut culpa inventore. Asperiores soluta est eaque sunt culpa. Et vitae id ea vitae quis. Doloribus impedit cum eligendi non.
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...