What is a right comp to target for a director of portfolio operations at a $1M AUM PE? Looking to get a sense for base, bonus and carry

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$1M AUM? Probably minimum wage

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1M or 1B? Not sure what you can buy for 1M. Also, depends on on portfolio operations team.

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$1B :-)

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If Director is the rank before Partner I would shoot for 400-500 cash, plus carry that is 1M+ over the life of the fund

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Thanks. This is helpful

Re: carry. Depends on the firm and level. Sr Ops leaders definitely get carry. Junior ones is firm dependent

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You mean $1b?

Ops side is unlikely to get carry I believe

Depends on the firm. Senior ops employees it is much more common/standard

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There will be. Just don’t know what. Plus trying to figure out what’s the right base and bonus to go for in negotiation. Is $270k base + 75%-100% bonus unreasonable to ask for?

Current fund?

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