Comp question for VC. My firm is fundraising a third fund. I’m not expecting my full bonus this year; I joined in April. At bonus time, I’m thinking about asking my partner if he would match my contribution to the new fund if I dedicated my whole bonus $ to it? So ex. if my bonus is $20k, I take none of it in cash, put $ in the fund, and ideally firm matches another $20k. My reasoning: it’s a deferred comp rather than cash, and I want to show I’m dedicated and plan to stick around. Am I crazy?

like
Posting as :
works at
You are currently posting as works at

Not crazy at all, that’s actually quite smart. Do it! You have nothing to lose and I think he’ll like the fact that you want to share the risk of the firm’s success.

like

Got it. Makes a lot of sense. It’ll reduce the tax burden as well. Smart move, OP

This is a great post, creative approach to the bonus question and it shows you wanna think like an owner which is awesome

like

How would this work? Is there a vesting period? How is carry distributed to you?

It would be like if I invested my bonus directly into the fund I am working for, so essentially I would be an employee and an LP (although probably the smallest LP ever). Some of the VPs have their own money in our funds as well. No vesting period, but I only realize returns when the fund does, so likely will not see any payout for 5-7 years at best. This would be completely separate from deal-by-deal carries interest, which is part of the performance fees that are taken out before fund investors get a return. As it stands though, associates only get carry at “partner discretion”, so I’m unlikely to see carry until VP.

helpful

Only if you think the fund will do well...

Related Posts

🔥How much Annual hike(%) & bonus (%) bny Mellon technology employee getting every year? BNY Mellon BNY Mellon Corporation BNY Mellon | Pershing

like

What is the hike for 1st bucket for BNY Mellon India?

like

What is reasonable to ask in a potential new job if you’re currently earning $50K. Is $15K too much? What’s a good range?

Hi how much time Target takes to release offer Letter. What can you expect for senior engineer role with 4.5 YOE

like

Has anyone found a way to automate salary certifications?

We get about 3-5 requests daily to fill out salary certifications for our employees in EMEA.

At the moment, we have to do all of them manually. We open a pdf, then open their employee file and plug away. It's tedious and time-consuming, but the banks I found won't accept an internal salary certification for some reason. They're adamant about using their form. Has anyone come across this?

like

I’m looking to add a paraplanner to my team and have a candidate in mind - those with a paraplanner or with paraplanner experience - what does your compensation structure look like?

Are you paid by the hour? By the plan? Other? And how much?

like

Have an interview coming up for a technical specialist role at Microsoft. Can anybody please share what to expect in the interview and what would be a ballpark TC? It’s in the biz apps org and the recruiter said the level would be decided after the interview.

YOE- 8 years

How much hike % this year

like

Has anyone ever successful negotiated there salary with the federal government. I have tried twice and both times was cited a HR policy saying my specific circumstance did not allow negotiation. Just wondering if it’s even possible

like

Wanted to check what would be expected salary when promoted from L3 support engineer to L4 support engineer? Considering current L3 base pay 8Lpa, will I get stocks and will I get hike+ promo?

like

Hi, I got offer from hexaware for 35 lpa.my experience is 12.3 years with etl tech stack.is it good to join hexaware?

like

What’s expected bonus (% of annual CTC) for VPs (Non IT and IT) this year in JPMorgan Chase London considering market conditions and attrition within the firm?

like

CTC dilemma:
I have 13 yoe . I am working with a global Bank for past 9 years . My current CTC is about 18 LPA which is bit on lower consider side considering existing market conditions. At my experience level , CTC should be around 30 LPA or more . I am getting offers however HR speaks only about 30% hike over CTC . How can I correct my CTC as per market.

like

Can someone tell what's the salary range for Data Engineer 2(L5) position in Amazon, India ?

like

Hi , wanted to get some feedback on following position offer in New Jersey area
Senior Manager for pricing startegy
I have 4 and half years of related experience,Masters degree
Base salary offer at 150k, 21% SPI and 10% LTI
How much room I have for negotiation, whats the fair market rate for this level?

like
like

How much have you heard of Paid Social Planners/Markets making at companies in the tech space? I'm thinking about leaving my media agency company.

like

Got On track (OOO) rating for JPMC year end review, can someone help me understand what can be the expected hike percentage?
I joined in April this year

like
like

How much is the variable pay out for L9 employee if max of 27% is 450000, how much can we expect.

likehelpful

More Posts

How do PE exits look like for emerging market funds in Middle East (e.g Abraaj group type firms)

2022 HOURS CHECK IN

For those of us whose firms start their FY on 12/1, how did you do on your hours this past year?

likehelpful

I’m a tax senior in big 4. Which role in the industry has a better career trajectory in terms of growth and pay: senior accountant or senior tax accountant? I do a lot of tax provision and starting to find tax interesting but I’m not having a lot of luck finding openings for in house tax roles.

like

Staying at the Ritz and STR in the Maldives so expecting good service and reading mixed things about tipping. I usually don’t tip much at hotels (never really thought about it) but what do people do? Is there an expectation and would the amount be based on like room rate or just a flat daily per day?

like

when i will get mail from administrato@hr my joining is on monday 7/11?

Who’s a better paymaster - Deloitte or EY Consulting? Looking for YoY growth assuming business does equally well at both the firms. Thanks!! Looking fwd to your wisdom fellow 🐡

like

I can’t find Binance on the App Store! There is one app but it appears to be only for price change notifications not buying or selling?

like

I have been at my company for 3.5 years. One year ago (2.5 years into my employment with them) they re-leveled everyone and I was bumped to an entry level position on the terms that they changed my job title when they re-leveled, so “technically” I am at the early stages of my new title. Even though the job duties did not really change.
I’m not sure the best way to approach this. Has anyone else had a similar experience or know how I should advocate for myself?

like

Here's a question I wish I never had to ask. Is it better to use the code for bereavement leave or just burn pto I'm going to lose anyway? Does it make a difference from a utilization standpoint?

like

After joining for laterals, will client interview be there in Bosch?

like

Guys anybody from Verizon have received the hike percentage for performing rating. I think this year also they won't adjust the package with market standards. ? Can anyone throw some light on this. For last 2 yrs i am receiving performing and also manager haven't initiated the mts 3 promotion. Please share a way to get a hike than getting only 10 percent

Can any one refer me for python developer or Backend developer role at Verizon. I have 4years of experience in python development and automation

like

Will Verizon Hyd employees get cab service and food for morning and afternoon shifts ?

like

Does really Collaboration work or it's just a myth. Always hearing from Offshore manager is that take more ownership like from offshore we should be working 80% and only 20% will leave for onshore because of time difference..

Is it really a collaboration or simply a cold War between offshore and onshore ownership..

Hi people,
I am a servicenow developer having 2.9 yoe. I want to know the future scope of this technology.
TIA

Anyone here broken into real estate private equity from big 4 consulting? What steps did you take to jump into RE PE? What gaps in knowledge did you have and how did you fill them? Outside of the knowledge gaps what other things do you think you needed in order to get into RE PE?

like

any of you pick up freelance work on the side? how do you find it if not via LinkedIn?

like

As someone who has spent 7 years in the recruitment field specifically helping those who originated in audit or partnership tax compliance I’d be happy to answer anyone’s questions! Please only those that live and work in NYC.

like

Additional Posts in Private Equity and the Buy Side

What are some feasible exits to the investment industry? PE seems to be too hard. Currently at Strategy& Deals Strategy and will leave at the 3YOE mark

like

Compensation expectations for VP level at 100M VC fund? 8 YOE consulting plus top 5 MBA

like

Pre-MBA at MBB — Have worked on a few DDs but have not touched the model workstream yet. Any advice on how I can best discuss my “deal” experience in PE interviews despite that? Thanks in advance!

likesmart

Do PE firms validate GMAT or SAT scores for offers ?

like

Any PE firms buy up mom and pop businesses or firms with valuations of the 10's of millions?

I am an AI consultant and have a data set of potential opportunities. I would like to partner with your firm.

Insurance, medical, restaurant, and others.

What sort of equity stakes do management teams at PE-backed companies typically get?

like

Hey all,

What are some PE firms (likely mid-market) that specialise in doing Entertainment deals, especially in gaming hardware, software, solutions that underpin the value chains ?

How can you gauge whether a LMM pe shop with limited past employees has a good culture or not? I’m interviews with a few but feel like I have no clue if itll be sweaty, chill, etc. What questions can I ask to get insight into this?

Thoughts on why a company over 3 years would have a large SG&A over 3 years mostly in Q4?

like

I can’t find a new job after searching for more than a year at this point. BRUH

like

Any tips on how to get started on prepping for VC interviews

like

At how many YOE is it “too late” to recruit for PE?

like

Anyone familiar with Comvest Partners’ direct lending team?

like

Do you still write thank you emails after interviews? A lot of the roles I interview for these days are coordinated by recruiters so I don’t see the interviewers emails

Has anyone moved from MBB to investment team in PE and regret it? I hear the work as an associate could be more tedious and WLB worse

like

Could anyone shine some light on how to go from consulting to the investment side of PE?

like

Do PEs offer singing bonus or relocation fee?

like

If I'm going through the process with a VC fund and decide I don't want to do VC now (but want to leave the door open in the future), what's the best way to drop out of the process? Don't want to waste their time but want to keep the door open as well

like

Hi all. I’m looking into potentially transitioning to PE with a background in Finance Transformation consulting @KPMG of 4yrs. Do I stand a chance? Any advice on how to best approach this would be super helpful, thanks.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal