Private Equity Interview Course

  • 2,447 questions - 203 PE funds. Crowdsourced from 750k+ members
  • 9 Detailed LBO Modeling Tests and 15+ hours of video solutions.
  • Trusted by over 1,000 aspiring private equity professionals just like you.

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300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

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  • Principal in PE - LBOs
Apr 29, 2021 - 12:00pm

Not sure about the associate level but their post-MBA VP comp (~$400k all in) is fairly standard considering fund size (maybe even above market) and number of investment professionals. Despite the $40Bn+ AUM, H.I.G. should really be comped to MM/LMM funds considering their flagship LBO fund is like $1.3Bn and they buy $10-$35MM EBITDA businesses. The Advantage fund complicates things and really should pay more to attract the type of talent they should be competing for but I'm sure internal comp dynamics are tough. 

  • Associate 1 in IB - Gen
May 4, 2021 - 12:25pm

Based on their website, they have 400 professionals at just the private equity platform. How can they justify 400 people to support $1.3bn of AUM? Feel like most funds with ~$1bn of AUM have 10-50 people? Would you expect comp to be higher at one of those funds since they only have 50 mouths to feed? $400k for a post-MBA VP seems super low. I know middle market 2nd year IB associates that make more than $400k

Apr 23, 2021 - 5:23pm

My friend is stuck there b/c he can't leave Boston for family reasons.

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  • Associate 2 in PE - LBOs
May 4, 2021 - 5:24pm

Assuming most of the PE associates come from bulge bracket banks, it's not a guarantee that PE will definitely pay more than staying as an associate in banking, this is the ultimate takeaway. For starters, generally base salary for associates at bulge bracket banks is ~$150k (correct me if I'm wrong), and for many MM or UMM funds, actually even some MFs, the base comp is less than $150k. Like others said above, bigger funds on average pay ~$300k TC for the first year. Most associates in banking who were analysts before tend to be at the top of the associate class (a lot of MBAs who are pretty lost especially as a first or second year), therefore as an analyst-promote in banking, there's a decent chance you'll be at ~$300k, but the added plus is that you have someone doing the work for you, versus in PE you're starting right at the bottom again and trying to claw your way up the learning curve which we all know is a lot steeper and takes longer to climb than the one we all went through for banking. This is my general perspective from personal experience and talking to friends. 

  • Analyst 1 in IB - Ind
May 5, 2021 - 12:43am

With some banks bumping up to 175 base as as0, it's probably becoming very compelling to stay

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Total Avg Compensation

May 2021 Private Equity

  • Principal (7) $694
  • Director/MD (17) $582
  • Vice President (64) $370
  • 3rd+ Year Associate (66) $267
  • 2nd Year Associate (129) $251
  • 1st Year Associate (273) $223
  • 3rd+ Year Analyst (24) $164
  • 2nd Year Analyst (60) $136
  • 1st Year Analyst (173) $119
  • Intern/Summer Associate (19) $70
  • Intern/Summer Analyst (196) $60