What is your total comp for PE secondaries secondaries these days? Asking for the analyst to VP level in the US.
Am I underpaid far below the market?
Firm: 2nd tier PE Secondaries firm (GP/LP-led) based in 2nd / 3rd tier city in terms of COL (think Chicago, Dallas)
Position: 2nd year associate
Base: 150k
Bonus: 60%
Signing: 20k
Would appreciate your input as well.
Firm (type) and location
Base
Bonus
Misc
| +36 | What is GS Private Equity like? | 31 | 5d | |
| +26 | Would my background make me a good fit for Infra PE? | 9 | 19h | |
| +24 | Where is there untapped value in secondaries? | 14 | 3d | |
| +22 | Thoughts on Bain Capital and Warburg Pincus special sits groups? | 15 | 46m | |
| +21 | PE HH Intro Calls Starting | 20 | 12h | |
| +18 | Which Opportunity? | 1 | 6h | |
| +17 | unsolicited advice for where to make a lot of money | 6 | 1d | |
| +16 | MBA / PE Decision Help | 8 | 2h | |
| +16 | Management Meeting Dynamic | 3 | 5d | |
| +15 | Final Round Interview With Group Head - Confirmation Interview? | 5 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Got an offer from Hamilton Lane as an analyst in their secondary practice, $70k/year.
Heard they give the same figure across all strategies.
Is that in Pennsylvania or London? If it is the former then it's not terrible.
Is 70k in PA not bad?
1st yr in T1 (NY/SF), MF size (both GP/LP transactions)
Base - 140, 100% bonus
WLB isn't great, but stellar perks (1st class everywhere, lunch/dinner, no cost healthcare)
Thank you. What hours are we talking about? Lunch and dinner sound nice.
1st year aso or an?
Associate
Can I ask what your background was to get into this group at an MF? Did you come from PCA and Gp/Lp Led experience in IB ?
Nope. Since the industry knowledge is much more niche than buyout, direct experience typically isn't required for these seats.
Can you touch on the WLB part?
Thanks.
That sounds pretty market to me
That sounds pretty market to me
2nd year analyst in nyc
140k base
Expecting 85-90% bonus so ~265k all in
Sheesh… any insights on fund (strategy, size, etc.)?
Switching over to Secondaries from 2 years IB and 2 years MM PE at a reputable shop (~$2bn fund size) and looking for Sr Associate/experience Associate roles. Any insight on what target comp should be?
Also have 4 years of experience and have been interviewing for a few different associate/senior associate roles. TC range at 4 different firms have come in the $225-$300k range. Pretty wide dispersion on base tho, $135-$175k. Smaller firms (+/- $1bn in fund size) are gonna come in at the lower end of the range but have gotten the sense that those firms have great WLB so could be worth the pay cut.
Aut sunt reprehenderit officia velit dolorem magnam iusto. A soluta corporis accusantium hic consequatur qui a. Ut nisi similique aut sed quas totam et dolorum. Optio in libero minima qui tempore quibusdam beatae. Cum repudiandae esse temporibus.
Debitis velit laudantium ut est laudantium occaecati. Accusantium rem perferendis aut et ut. Magni odit aperiam maiores laborum quasi harum error cum. Nemo ut consequatur aliquam dolores soluta qui et. Inventore non ex vitae voluptates cumque nobis perferendis ad.
Expedita quia eligendi voluptatem aut exercitationem. Magni omnis sit sunt consequuntur. Doloremque qui iusto corrupti velit odio ea iste.
Eius nisi qui tempora illo aut. Ut quia unde sint. Nisi est quia est possimus fuga ut itaque. Perferendis est aut velit velit quod.
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...