Speaking to a PE firm (4B aum) about a VP portfolio ops role. What is a reasonable comp to aim for? Recruiter mentioned 280k cash (will likely go a bit higher) & additional carry (details awaited)

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Check out the Heidrick report. For that size I would expect $400-500k cash and 1-2M of carry over life of the fund

likehelpful

Seems low - i had an offer of 350k and 300k carry at a 1.5B fund

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300k annualized

A critical factor that most do not consider when evaluating comp expectations for PE ops roles is whether the firm is LMM, MM, or mega fund (UMM+). For LMM, VP salaries are going to be lower compared to MM / UMM so it really depends.

Additionally, is this part of the internal value creation team or directly working at portfolio?

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BCG1 - exactly. Agreed. I’m part of PE firm directly working at a LMM high growth portco right now and can tell you that we do NOT get paid those salaries, lol. But upside is equity and accelerated path to C-suite.

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Does that seem in line with market?

Depends on the fund. What level are you leaving McK as? EM?

Seems low.

Had an opportunity at $300k cash with carry on the ops team for a much smaller firm.

Thanks all! Currently EM, been at the firm ~2.5 years post MBA

Any experience pre MBA? How many YOE? It seems like you just made EM

What group at Mck?

Thanks all - incredibly helpful! This is an internal value creation team

What’s your role on the VCT? Is it a Dir Strat role? If so, you may be at my firm, hahaha. DM me?

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