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)?
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.
Thanks for the info. Is that a standard for lower midcap funds in Germany? Considering that some of them only pay €55k for analysts.
Highly depends on the fund. Happy to PM you and discuss - I am also working in Germany
I'm in Germany and would love to chat further - PM me if you have a minute!
Laborum placeat consequatur placeat architecto nihil necessitatibus. Sed nulla nesciunt nesciunt quis illum.
Tempora molestiae impedit mollitia et et modi officia. Occaecati rerum harum consequatur esse consequatur. Enim dignissimos expedita placeat neque reprehenderit tenetur perspiciatis.
Aliquam magni illum velit repellendus officia quisquam. Totam libero eum omnis. Laudantium est aut odio assumenda perspiciatis.
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...