What do you all make and yoe? PE associate. 1.5 banking, 2 in PE. 125 base. 165 bonus. No carry yet. Curious what your numbers are?

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Is there a reason for the huge weighting towards bonus as a % of comp in the buy side? I would assume it is because if the fund underperforms then it doesn’t have to pay the bonus— but I also thought that these bonuses were pretty much expected? Do they vary by individual performance?

No one works in finance for the salary. Salary doesn’t get you anywhere besides provide cash flow for minimum expenses throughout the year. My 165 bonus is a guarantee. The carry is how the fund does

Tangent: but is it good to bank on carry? I hear from some PE counterparts that carry can be next to nothing if you get fired / pushed out which many VPs do (at least to my knowledge)

Yep. 100m of management fees lol

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$110k base, expected ~$250k bonus, 3 yoe. Restructuring advisory, boutique shop. Not buy side but figured I’d toss a data point in

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Yea @MC1, similar comp structure to them

IB associate (2 as an analyst, 0.5 as an associate) 125k base 80k bonus

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First year IB associate. 150 base ~150 bonus

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HF, 3.5y experience, 125k base expecting 200-225k bonus to bring total comp to ~320-350k area

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Distressed HF. 5 total yoe, $150 base, $275 bonus ($425 all in)

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1st year PE associate, 2.5 YOE, 120k base, 60k bonus, ~50bps of carry for 2bn+ fund

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So you are not part of the 2 year Associate program but rather in it for a partner track role then?

Biotech VC, 3.5 yoe, $205K base + 35% bonus, no carry

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Mostly history and traditional I think. While pretty much guaranteed, think it can be used as a retention method too

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What type of fund are you at?

UMM NYC based

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MM infra PE, 3 yoe, 2 years at the firm, 130k base, 100k bonus.

Sure thing, feel free to DM. Note: I’ve adjusted my title but I’m the one who posted above.

1st year associate at lower MM PE fund in low COL geography 2.5 YOE. Base $110k bonus $60k with 10bps of carry on a $500M fund

3.0x is looking conservative for us right now, thanks for the input

Intern/rotational associate. $100k annualized, discretionary bonus. First year out of grad school, five years in IM sales/biz dev before that.

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