Fair Compensation?

Honestly never really though much about it but my friends at other UMM pointed out my comp may be below street (relative to fund size) so just wanted to know what WSO thoughts. Also what would market comp be? Know its generally less linear than IB but any color would be helpful

Fund size ~$7bn AUM ~$40bn

Base: $120k

Bonus: 100% (talking to past associates historically it has been minimum 100% with upwards to 120%)

Signing: $10k

Expected All-In: $240k-270k

 

Sounds a bit on the lighter side, especially if in NYC. First year stats below:

Fund size: Under $5bn

Base: $120k

Bonus: 125%

Signing: $10k

Total: $280k

Sizable jump in comp for top performers in second year (~$330k all-in compensation but likely will be in ~$350kish range this year with some incremental COVID-related bonuses). Note that this excludes co-invest.

 
Most Helpful

Haven't gotten a clear figure (seems to range based on fund / location) but have heard as low as ~$200k. Had a friend who worked there but he was pretty vague about his comp ("it's kind of ass", can't recall the exact range he quoted but recall it being in the $200k to $230k range). The thread below quotes ~$270k for HIG Bayside.

https://www.wallstreetoasis.com/forums/updated-2021-views-on-hig-capital

I know someone at Bain making ~$250k ($125k base and bonus). Not in the main flagship but he made it sound like everyone got paid the same.

 

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