I’m being an offered an Ops Senior Associate role at a large tech focused PE ($100B AUM). They want to pay me $400K TC / no carry. Background MBB 2 years post MBA, 2 years as Hedge Fund Quant, self-employed (data science consulting) for the past year. Don’t know much about PE, so would appreciate people’s perspective on a couple of things:
1. Is this a lowball offer? My hunch says yes
2. What is the ultimate upside in these kinds of jobs? Any considerations other than comp that I’m missing?

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If you think this is a lowball offer, counter or look elsewhere. I’d say the benefit of working there is interaction amongst SLT of tech firms that you have nice exposure to. This would help, should you want to break into a tech role, or start your own firm. Sounds like a good opportunity with exists.

You have a unique experience they are interested in. What’re you looking to do long term?
And what are your comp requirements?

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Well, can see if can balance your existing business with a full-time role. Sounds tough, but doable. Also, the fact that the role you’re asking about just landed on your lap sounds like it’s not the right one for you. You don’t seem very intrigued in it, so I’d say follow where you want to go.

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Not a lowball offer, pretty solid for Sr ASC.

Upside would be if you do a good job you will be promoted in the next 2 years or so and comp would probably be more like $600-700K. If this is one of the publicly traded MF firms you still won’t get carry though

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Thanks, really appreciate your perspective

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I can’t imagine making that much ever

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You’re gonna make that much at McKinsey very soon

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I’m sorry you’re getting paid $400k for an operations role? Sorry dude unless you have a six sigma ain’t no way lmao

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Ehh.. I think youve ventured beyond your boundaries. This is a normal PE Ops salary - and six sigma has pretty much zero to do with anything

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