Just got my first PE Ops offer, and was wondering if you fish could help me evaluate it:
Me: M7 MBA, 8 YOE, including in industry operations and T2 strategy consulting
Them: MM PE buyout fund, no specific industry focus. Most recent fund $2.5B+, AUM $5B+
Role: VP of Operations, joining an Ops team that will be ~10 people total top to bottom
Offer: $200 base, $150 bonus, and ‘carry’ that is actually just a deal performance-based cash payment that is awarded to non-carry individuals (cont)
Entirely variable for senior advisors, with expert track as salaried members. Partners can be >60, if they are still productive
*type and level of compensation