I've heard various numbers thrown around for all-in first-year associate compensation at a Mega-Fund like KKR, TPG, Silver Lake, or Apollo. I've heard anything from $250K to $400K. Can anyone help me pinpoint a realistic expectation?
Starting Salary for PE Analysts
While the starting salary varies from firm to firm, mega fund associates can expect to make between $200 k - $300 k.
This is for Summer 2013 Starts:
- Apollo: $140k base + $125k stub
- Bain: $115k base + $175k full year
- Carlyle: $105k base + $175k
- KKR: $100k base + $175k
- TPG: $110k base + $70k stub
- Warburg Pincus: $125k base + $125k
User @big unit, a private equity analyst, shared what the overall compensation will be for associates over 2 years working there:
Over the two years in a standard associate program at a MF (after completing 2-3 years of investment banking), you can expect a range of $600-$750 total comp over that time. Bases range from $100k to $150k.
2018 Private Equity Salary and Bonus
Check out the Wall Street Oasis 2018 Private Equity Salary Guide for a more updated salary overview for the PE industry.
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