There was another thread recently on buyside comp in London and it was pretty depressing vs US.

For what is worth, UMM/MF PE pay after 2 years of banking is ~200k-300k all-in ASO1 with 30-50k bumps until ASO3. In GBP. Assume good hedge funds are in-line or slightly above with more volatility.

 

Doesn’t really go beyond 120k until you make PM.

120 - 480 all in is the range I’ve been in since I started.

 

Little less than 300% for me, been in my seat for a few years now

PM upside is essentially uncapped, but so is the downside (buck stops with you so if you lose 4-5% of allocated capital at a given point, you’re fired AND blamed)

 
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