Compensation at Hedge Fund?

What is a typical salary range and bonus for a Business Development/IR Associate at a hedge fund located in the Greenwich/Stamford area. Approx. $15bn AUM if that makes a difference. I have a final round interview and was told that comp will be discussed during one of the interviews. Just want to make sure I have a ballpark range in my head going into it (can't find any information on glassdoor or anywhere else)

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Comments (5)

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Jul 27, 2021 - 9:01pm

If first job out of college maybe $75k salary + 10-20k bonus at year end. If you've got 2-3 years, then maybe $100-110k salary, $20-30k bonus. This is just a guess but I do feel most HFs will pay an entry role somewhere between 70-100k salary and the bonus can be 10k-100% of salary depending on placement in back office vs front office.

  • 2
Jul 27, 2021 - 9:29pm

The hiring manager referred to it as a front office role. This would be first job out of college. On a couple other forums people suggested that it could be 90-110 range and it seems that H1B salary data backs that up. I found H1B filings at similarly sized funds for non-investment roles that make approximately 100k (Ops analyst, fund accountant, risk analyst, etc.) Does that sound reasonable or is that an absurd expectation? Also, I'm curious if you have any insight into signing/relocation bonuses- Is this something firms provide for junior roles? 

Jul 27, 2021 - 9:42pm

At the end of the day 100k vs 80k is nothing to a $15b AUM firm, so it's quite possible to get the 100k. My firm doesn't do signing/relocation bonuses for entry roles but it doesn't hurt to ask.

  • 1
Jul 27, 2021 - 9:47pm

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