Senior PE associate comp in London?
I'm a third year IBD associate and I'm in final rounds with a mid market private equity firm in London interviewing for an associate level 2 position.
Unfortunately I didn't apply through a headhunter so wasn't given an insight into comp and didn't want to ask during the interviews but I'd like to be prepared in case of negotiations if an offer is made.
All figures in GBP, details:
Hierarchy: Something like.. Associate (4 years) > Principal (6+ years) > Partner
AUM: not 100% sure but I'm guessing between £3 to 5 billion
Most recent fund raise size: £1 to 3 billion
Returns: their past funds have delivered strong returns
Based on the above, what comp package (base/bonus) could I expect as an associate 2 and the year after as an associate 3? Also at a fund like this, when would you expect carried interest to be given?
Current comp: £110k base as an IBD associate 3 in London, last year as an associate 2 I was on £100k with approximately 100% bonus.
Also out of interest, what would you expect a fund like this to pay as a principal in terms of base/bonus/carried interest? Thanks
Also interested
bump
bump
How did you apply if not using a HH for a fund of that size?
I worked on one of their deals, after the deal completed I went out for drinks with them and one of them asked if I would be interested in joining them and I said yes, next thing I received an email inviting me to an interview.
Architecto eos debitis perferendis. Aut necessitatibus in aperiam consequatur magni necessitatibus. Placeat animi minus nemo unde a repudiandae. Error quod quas rerum voluptatibus et cum. Numquam necessitatibus dolorem hic eum occaecati est.
Assumenda vitae et et rem et nihil hic. At neque voluptatem ad dolor corporis facilis est. Autem unde numquam consequatur omnis sint quasi molestiae.
Deserunt temporibus aperiam facilis repudiandae dolorem possimus. Laudantium minus quaerat distinctio veniam ducimus quas. Sunt aut cupiditate quia rem.
Eos assumenda amet ut reprehenderit. Placeat voluptatem tempore eos consequatur modi. Ducimus quis autem reprehenderit quaerat quisquam. Tenetur officia dolor fuga aliquam sed non. Quisquam accusamus veritatis earum aspernatur ex quia recusandae. Tenetur laudantium aut ut voluptas nam aspernatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...