Midcap private equity associate fix pay cut
Hi everybody, I have just absolved my second analyst year at an investment bank in Germany. Now I‘m in contract negotiations with a midcap private equity fund. I know for sure that there will be a pay cut regarding my fix salary. Does anybody here made a similar experience and can tell how high his/her fix pay cut was (in percentage or absolute figures)?
It depends on the type of MM fund.
e.g. Hg would pay on par with good EBs/ BBs; many of the lower mid market funds in Munich pay c. 80-90k on Associate level plus 30% bonus.
Thanks for the info. Is that a standard for lower midcap funds in Germany? Considering that some of them only pay €55k for analysts.
Highly depends on the fund. Happy to PM you and discuss - I am also working in Germany
I'm in Germany and would love to chat further - PM me if you have a minute!
Nesciunt voluptas voluptas totam quis consequatur veritatis. Ratione ipsa qui necessitatibus rerum illo. Velit et rerum ut facilis qui ut. Id similique veniam consectetur error. Enim deserunt aut ipsa mollitia et accusamus rerum. Nesciunt dolor rerum neque culpa provident assumenda.
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...