Rate my TC offer:
PE Ops role, West Coast high COLA city
Fund w/ ~$5B AUM
Base: $220K
Bonus: 75%
Carry: 50 bps (linearly vested)

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

For perspective, I was a VP ops at a $300m fund with a $210k base, 30% bonus and 1% carry. Think you can do better at a $5B fund, depending on how heavy the ops team is

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Average to above average offer. Not sucky. Not a home run.

likehelpful

Gotta go to McK for the candor. Appreciate it. What TC would make it a HR IYO? Thanks!

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Parthenon? Strong offer. Sign on bonus?

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Also, VP level position

Sorry for the naïve questions: what do you do in a PE Ops role? Like be a task master for a group company to make sure the transformation is going well?
Also, how does carry work?

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Thanks, A2! Do you know how carry works?

How many years of experience? MBA? Nice work

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Also are you getting this job straight from mba? Or from Mbb?

Pretty solid - middle of the fairway is 400-600k cash. Carry is a bit light - typically shoot for 2-3M at VP

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Latest fund size?

Yeah agree - its like 1M carry which is good but not spectacular

I've seen much worse. I'd take that offer.

How does that carry translate to DAW?

~$1M, given conservative assumptions on IRR etc..

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OP, are you not interested at all in deal team and more Ops? Would love to hear your rationale on this please!

I am more interested in value creation & how to run a company vs. the deal side. And the marginal utility of the extra money just doesn't compensate for the hours for me.
Oh, and the small detail that I likely don't have the finance and modeling skills either...

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Seems like a good deal. Congratulations!

Would love to hear a bit more about this position! I am a VP at a private equity firm in the financial group but this seems like an interesting alternative. Would you have a few minutes to discuss over the phone or over email?

Schererm47@gmail.com

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