Oct 03, 2023

Private credit associate comp

On the portfolio management team at a $6bn fund at a tier 1 city. Exp as an associate in lev fin at a large bank.

My comp shot down when I took this job.

Making 130k base

Can people share a) what the base increase they would generally expect at end of year?

B) what the bonus % for a y1 associate on portfolio team would be.

I feel as if my firm underpays. Would love some data

 

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