Anyone know if PE ops teams recruit at AP level? And what comp generally is?

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Funds would typically place you at the experienced VP level (Principal is a hard job, especially if you’re coming straight from consulting). Check the comp studies because it varies widely by fund. When I joined as a VP I was like $375k cash + carry (LMM)

As a point of reference I was ~10 years exp when I made that move, 7 years consulting and 3.5 as a portco exec

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Thank you

At my firm most people either come in with a few years of experience or with decades as a senior advisor. AP is a middle ground - definitely doable but you’re too senior for Ops Associate work and too junior to be a seasoned exec. Ops mid levels are often promoted or were deal team members that switched sides

I got recruited to value creation team at my firm when I had 5 YOE, VP level (though that was generous).

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