How often do UMM/MF PE Portfolio Ops roles come available?

Have a VP-level offer at a MF but initial offer was below my target comp. Took significant amount of effort and working networks to get the offer. Think im going to reiterate my target but now worried this might turn into a 1+ year search to find another similar role.

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Not very often. Probably once a year or less for generalist recruiting. If you have a specific functional skillset, then it's even less frequent.

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Ugh... thats about what I thought. Im a generalist.

Its so bizarre, getting aggressively lowballed with an obviously below market offer.

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What is offer? How much below?

PM me too?

I would expect that VP level would be 450-500 cash + 2-3M of carry over the life of the fund. This should be pretty standard, but good to clear with the recruiter up front and save everyone the time

There is also existing firm/fund structure and economics to consider.

If they are already paying an existing VP X, they cannot pay you 1.2X even if the offer is “below” market.

Some firms just have a culture of paying more or paying less - really depends on the original GPs and how they set things up

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