MM/UMM Analyst Pay
Hey all,
Just want to gauge what the street comp is for fresh grad MM PE - is it comparable to IB analysts?
Hey all,
Just want to gauge what the street comp is for fresh grad MM PE - is it comparable to IB analysts?
+96 | Sr Asso / VP Unemployment Check-in | 58 | 6h | |
+35 | What did you do after signing? | 12 | 19h | |
+25 | Resume Gap after 2.5 Years in PE | 5 | 2d | |
+23 | PE Recruiting From IB- Play It Safe Or Reach For Best Fund Possible? | 11 | 8h | |
+21 | Public company LBO | 7 | 3d | |
+20 | Vista Lateral Associate | 12 | 4d | |
+19 | PE / IB in NYC from Cambridge compared to US colleges | 11 | 2s | |
+18 | VP HF Lateral to PE | 1 | 3d | |
+16 | How Technical Are You / Most People Really? | 3 | 3d | |
+16 | IB/PE Lifers, Was It Worth It? | 5 | 5d |
Career Resources
Based on the WSO Dataset, compensation for fresh graduates entering middle market (MM) private equity (PE) can indeed be comparable to investment banking (IB) analyst roles, especially at the lower end of the MM spectrum. For MM PE Associate 1 positions, the compensation typically ranges from $110-125k base with a 100% target bonus, leading to an all-in compensation of $220-250k for funds sized between $500 million to $3 billion. This is in line with entry-level analyst positions in investment banking, where total compensation also includes a significant bonus component on top of the base salary.
It's important to note that while the base salaries might be similar, the total compensation package can vary significantly depending on the performance of the fund, the individual's contribution, and the specific terms of their employment contract, such as bonus structure and potential for carry in the PE space. Additionally, the work environment, hours, and job responsibilities between MM PE and IB can differ, which might also influence one's decision to pursue one path over the other.
In summary, while base salaries might be comparable between MM PE and IB analyst roles, the total compensation, job structure, and career trajectory can differ, making it essential for individuals to consider their long-term career goals and personal preferences when choosing between these paths.
Sources: What is "Street" MM PE Compensation for Associate 1 & 2 and Senior Assoc. (3rd year), MM IBD (Analyst) > MM PE (Associate) > MM PE (Senior Associate) - Here to answer any and all questions!, Comp at Top MM Firms?, MM PE out of undergrad worth it?, Associates who started as analysts: Why did you stay in IB?
Went with IB instead but my MM PE Analyst offer was $100k base at a ~$3b aum shop in NYC. Not sure if this is consistent across the street
Any word on expected bonus?
UMM second year analyst comp was 125k base and 100k guaranteed bonus.
UMM PE ($10B+ fund) and first year comp is roughly $230k
Qui laborum unde aut est aliquam ea. Molestiae reprehenderit ut consequatur sequi.
Placeat consequatur natus voluptatibus velit nihil nobis commodi. Nisi molestias saepe aut ex. Praesentium sit optio modi ratione.
Ea provident excepturi quis veritatis rerum facere nam. Ut modi aut explicabo praesentium. Aut assumenda vitae reiciendis veritatis nemo. Qui tempora eius nihil ratione sint et. Unde accusamus perferendis alias neque. Unde maiores ipsa laudantium ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...