Midcap private equity associate fix pay cut

Hi everybody, I have just absolved my second analyst year at an investment bank in Germany. Now I'm in contract negotiations with a midcap private equity fund. I know for sure that there will be a pay cut regarding my fix salary. Does anybody here made a similar experience and can tell how high his/her fix pay cut was (in percentage or absolute figures)?

Comments (5)

 
  • Analyst 2 in IB - Ind
Nov 14, 2020 - 5:26pm

It depends on the type of MM fund.

e.g. Hg would pay on par with good EBs/ BBs; many of the lower mid market funds in Munich pay c. 80-90k on Associate level plus 30% bonus. 

 

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