Jan 01, 2022
 

I’ve got a bit more experience and I’m a good chunk higher than that, although that may not be the norm. I do remember around the 3yr mark that recruiters were in the above mentioned ballpark though

 

Do they happen to have a private credit arm?

Correct me if I'm wrong, but I was under the impression that those working at a CLO fund that doesn’t participate in direct lending can expect lower comp than their direct lending peers or professionals that are generalists spread between both strategies.

 
Most Helpful

Pre-covid scale 2019 (post 2/3 yr banking program):

1st yr associate - $180-215k

2nd yr associate - $225-250k

3rd yr associate - $275-300k

1st yr VP - $320-350k

Adjusted for the 2021 comp raises (post 2/3 yr banking program):

1st yr associate - $200-225k

2nd yr associate - $250-275k

3rd yr associate - $325-350k

1st yr VP - $400-425k

If you disagree, please feel free to comment your datapoint below. All info is helpful in adjusting the ranges. Aiming to capture the middle 50% of the range, know there will be folks above and below

 

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