LMM/Regional PE Comp
Curious to hear the typical career progression and respective comp for lower middle market and regional PE firms (
Trending Content
| +92 | Sr Asso / VP Unemployment Check-in | 56 | 20h | |
| +35 | What did you do after signing? | 12 | 4h | |
| +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? | 10 | 16h | |
| +21 | Public company LBO | 7 | 2d | |
| +20 | Vista Lateral Associate | 12 | 3d | |
| +18 | VP HF Lateral to PE | 1 | 2d | |
| +17 | PE / IB in NYC from Cambridge compared to US colleges | 5 | 16h | |
| +16 | IB/PE Lifers, Was It Worth It? | 5 | 4d | |
| +16 | Management Meeting Dynamic | 3 | 12h |
Career Resources
Bump
Outside of your aum range but still lmm. 500m fund size ~1.8b aum. Tertiary city. All in comp first year aso is 150
That seems low for $500m fund size. I'm at a LMM firm with significantly less AUM and fund size and all-in first year is ~$150-175k. Btw, this topic has been discussed a few times recently on here.
It is low. They are known for underpaying and overworking
How about vp1?
Vp is about $350. Comp was bumped up as well to 200 for aso1
Terrible - you need to bounce asap
Sub-$200MM shop in secondary city. Same $150-$175k range all-in, with most of that from base salary. Progression is roughly the same as anywhere else, but less rigid. No 2-and-out policy or MBA required
This is for analyst or associate?
Aso obv
Definitely associate. Think $90k-$120k all-in for shops like this that offer analyst programs, which is the minority of them. No sub-$200M shop’s paying an analyst $175k in Dallas or Atlanta lol
T2 HCOL city and surrounding area. For <$500m funds, generally <$175k with $150k being pretty common across several datapoints and strategies such as growth, buyout, combo of equity and credit. Base tends to be >$100k.
For progression, LMM funds tend to be more open to career track, however by no means is it guaranteed so I would try to find some signals that suggest that this is feasible like the % of associates who are promoted to senior associate and senior associate to VP.
Can anyone comment on 500mm - 1.5b funds too?
Interested in figures for Sr. Associate and VP as well.
any info on LMM non chicago, midwestern funds (minneapolis, cleveland, pittsburgh, detroit areas)
bump
Any insight on Houston or Dallas?
Wide range because there are a lot of small funds in TX, but the $150k-$175k range seems about right for this fund size. Can personally attest to friends making between $140k and $180k, with most in the $160k-$180k band
Thanks for the info! Just curious how does comp scale in TX once you start looking at firms right about the 1B - 5B size?
How strongly is comp related to fund size?
bump any midwest data points
200k all in As1 pretty standard
Impedit fugit inventore ex libero eum sit. Iste sit exercitationem voluptate et ipsa vitae.
Debitis consequatur quia est et omnis rerum velit maiores. Sapiente qui consequatur porro amet tempora suscipit. Quaerat ut in ut animi nostrum dicta.
Sunt odit vel voluptatem blanditiis voluptatum commodi vel accusantium. Quisquam molestiae cum qui asperiores corporis similique. Consequatur unde necessitatibus et quam quisquam adipisci. Illo minus dicta dolorem ea corporis.
Dolorum cupiditate non vel voluptas ducimus. Iusto consequatur sint est quasi. Aut autem amet in praesentium laborum et possimus.
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...
Doloremque et pariatur reiciendis placeat. Consequatur nisi magni dolor sed enim laboriosam ut. Aut explicabo rem et facere qui eos.
Nesciunt commodi iusto et ipsam omnis perferendis eum. Aliquid ex laborum ipsam. Ad sint dignissimos rem sequi sunt est autem.