What is a competitive base and target bonus for VP of PE Ops @ LMM.

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I’ll give you one data point - $250k base + 135k bonus, ~$800M most recent fund. My research says this is competitive but would love to hear other data points

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Charles Aris and H&S have good benchmarks that suggest around $300-450 cash + carry which varies a ton.

The VP role I’ve noticed can also range (some can come in closer to Principal and others may sit at VP awhile since they’re more junior).


One additional data point — 440 cash + 175 carry (annual carry award into the fund, striking at 2x).

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350 to 400k + carry but not all firms offer carry. Been about 50/50 based on my sample size.

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Perfect

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