Salary Progression

Based on the most helpful WSO content, here's the breakdown for salaries in Private Equity (PE) and Venture Capital (VC) roles in Europe/UK:

Private Equity (PE) Salaries in Europe/UK:

• Associates:

  • Market base salary: £90k, increasing to £100-110k by senior associate year.
  • Some funds like Apollo (APO) and Hellman & Friedman (H&F) pay higher, starting at £100-120k.
  • Bonuses: Typically 80-120%, with aggressive funds potentially going up to 150% for exceptional individuals.

• Vice Presidents (VPs):

  • Starting salary: £120k, moving up to around £160-180k over three years.

Venture Capital (VC) Salaries in Europe/UK:

• Senior Associates:
  • Average compensation: £55k, which is significantly lower than in Investment Banking (IB) and PE.

Funds Paying >£120k:

• Some PE funds like Apollo (APO) and Hellman & Friedman (H&F) are known to pay starting salaries of £100-120k for associates.

This information is based on the highest-ranked content on WSO and reflects the current market as of October 2024.

Sources: Q&A: European PE professional at a Large-cap Megafund, Q&A: European PE professional at a Large-cap Megafund, How to land a job in Venture Capital in Europe (London)?, From Private Equity Associate to VP in Private Equity, $125k - the New PE Standard?