How much does a VP of private equity make in NYC?
The estimated total pay for a Senior Managing Director - Private Equity is $360,723 per year in the New York City, NY area, with an average salary of $208,159 per year.
The estimated total pay for a Senior Managing Director - Private Equity is $360,723 per year in the New York City, NY area, with an average salary of $208,159 per year.
Position Title | Typical Age Range | Base Salary + Bonus (USD) |
---|---|---|
Associate | 24-28 | $150-$300K |
Senior Associate | 26-32 | $250-$400K |
Vice President (VP) | 30-35 | $350-$500K |
Director or Principal | 33-39 | $500-$800K |
In this management role, you may lead and mentor team members, work directly with clients, vet transactions, and give presentations. This job heavily emphasizes communication, including negotiation skills and the ability to convince current or potential clients to invest in your company.
Annual Salary | Monthly Pay | |
---|---|---|
Top Earners | $65,095 | $5,424 |
75th Percentile | $56,900 | $4,741 |
Average | $54,556 | $4,546 |
25th Percentile | $44,300 | $3,691 |
Highest salary that a Private Equity Associate can earn is ₹45.0 Lakhs per year (₹3.8L per month). How does Private Equity Associate Salary in India change with experience? An Entry Level Private Equity Associate with less than three years of experience earns an average salary of ₹15.4 Lakhs per year.
Apollo Global Management: Apollo Global Management is frequently reputed to be the highest-paying firm on the street in terms of all-in compensation, paying their Associates upwards of $450k per year.
Instead, you start as an Analyst or Associate and get promoted by performing well and proving that you can work well with clients. If you start as an Analyst, it might take 2-3 years to become an Associate, and it might then take another 3-4 years to become a VP.
The average bonus for a Vice President is $44,677 which represents 25.44% of their salary, with 90% of people reporting that they receive a bonus each year. Vice Presidents make the most in San Jose, CA at $435,008 averaging total compensation 97% greater than US average.
And if you don't stay to see the long-term results of your deals over many years, you won't receive the benefits of carry. The bottom line is that yes, the pay ceiling is higher in private equity, and there are MDs and Partners who earn many times – sometimes hundreds of times – what MDs in banking earn.
What is the salary of a VP in private equity?
Private Equity Vice President Salary in California. $113,500 is the 25th percentile. Salaries below this are outliers. $187,500 is the 75th percentile.
Principals are the next most senior role and usually need to have several years of experience as a VP before making the leap. Principals are evaluated on their ability to find promising companies and close deals on them.
but nowhere near as much as in management consulting. While the travel will be less, the work in private equity is very stressful and demanding, so the hours you actually spend working may be more stressful or mentally demanding.
For the vast majority of first-year private equity associates, the base salary is around $135k to $155k. Then, based on fund performance, bonuses tend to range from 100% to 150% of the base salary.
Working at a Private Equity Firm
Given that a PE firm with $1 billion of assets under management (AUM) might have no more than two dozen investment professionals and that 20% of gross profits can generate tens of millions of dollars in fees, it is easy to see why the industry attracts top talent.
Private equity professionals work long hours and are highly competitive and must think critically, and have a passion for financial investing deals, not just following the markets. Other requirements to start a career in private equity are: Excellent grades and a notable transcript in school.
Average Bain Capital Vice President yearly pay in the United States is approximately $195,974, which is 32% above the national average. Salary information comes from 14 data points collected directly from employees, users, and past and present job advertisem*nts on Indeed in the past 36 months.
$250K (Median Total Pay)
The estimated total pay range for a Vice President at The Blackstone Group is $207K–$307K per year, which includes base salary and additional pay. The average Vice President base salary at The Blackstone Group is $187K per year.
The average base compensation among US CEOs surveyed for this report was $510,000 in 2023, and the average cash bonus received in 2022 was $390,000, for a total average cash compensation of $908,000.
Rank | Private equity firm | Money Raised Over Five Years |
---|---|---|
1 | Blackstone Inc. (ticker: BX) | $125.6 billion |
2 | KKR & Co. Inc. (KKR) | $103.7 billion |
3 | EQT AB (OTC: EQBBF) | $101.7 billion |
4 | Thoma Bravo LLC | $74.1 billion |
How much does the CEO of a private equity firm make?
How much does a Private Equity Ceo make? As of Apr 12, 2024, the average annual pay for a Private Equity Ceo in the United States is $82,146 a year. Just in case you need a simple salary calculator, that works out to be approximately $39.49 an hour. This is the equivalent of $1,579/week or $6,845/month.
$215K (Median Total Pay)
The average Vice President base salary at Platinum Equity is $176K per year.
Total Salary Range for Goldman Sachs Vice President
The estimated total pay range for a Vice President at Goldman Sachs is $202K–$298K per year, which includes base salary and additional pay. The average Vice President base salary at Goldman Sachs is $189K per year.
The average Investment Banking Vice President base salary at Morgan Stanley is $199K per year. The average additional pay is $121K per year, which could include cash bonus, stock, commission, profit sharing or tips.
As of Apr 14, 2024, the average annual pay for a Vice President Of Hedge Funds in the United States is $157,532 a year. Just in case you need a simple salary calculator, that works out to be approximately $75.74 an hour. This is the equivalent of $3,029/week or $13,127/month.
References
- https://www.ziprecruiter.com/Salaries/Small-Business-Ceo-Salary
- https://www.ceo-worldwide.com/blog/ceo-vs-president-differences-in-authority-salary-responsibilities/
- https://www.quora.com/Of-the-two-years-of-the-IB-program-which-time-is-the-hardest
- https://am.jpmorgan.com/us/en/asset-management/institutional/investment-strategies/alternatives/private-equity-group/
- https://www.wsj.com/articles/private-equity-labor-market-returns-to-earth-as-deal-making-cools-48f97483
- https://blog.acquire.com/how-does-private-equity-work-and-how-do-you-get-it-interested-in-your-business/
- https://mergersandinquisitions.com/investment-banking-vs-private-equity/
- https://www.svb.com/startup-insights/vc-relations/what-is-venture-capital/
- https://groww.in/p/venture-capital
- https://www.goingvc.com/post/5-ways-to-get-started-in-vc-if-you-dont-have-any-experience
- https://fastercapital.com/content/What-Happens-if-Your-VC-Backed-Startup-Fails.html
- https://www.indeed.com/cmp/Bain-Capital/salaries/Vice-President
- https://northwest.education/insights/executive-leadership/highest-paid-us-ceos-top-salaries/
- https://www.peakframeworks.com/post/private-equity-hours
- https://www.heidrick.com/-/media/heidrickcom/publications-and-reports/2021-pebacked-ceo-compensation-survey.pdf
- https://finance.yahoo.com/news/39-old-ceo-harvard-law-104913248.html
- https://mergersandinquisitions.com/private-equity-career-path/
- https://www.ey.com/en_lu/private-equity/why-is-private-equity-the-driving-force-behind-innovation-and-jo
- https://www.ziprecruiter.com/Salaries/Private-Equity-Vice-President-Salary--in-California
- https://www.mbacrystalball.com/blog/2023/11/27/why-private-equity-pays-so-much/
- https://www.interviewprivateequity.com/why-possible-to-make-so-much-money-in-private-equity/
- https://www.peakframeworks.com/post/private-equity-salary
- https://www.ziprecruiter.com/Salaries/Vice-President-Private-Equity-Salary
- https://chiefexecutive.net/10-ceos-earn-only-1-a-year/
- https://www.buysidehustle.com/work-life-balance-in-finance-ranked-best-to-worst/
- https://www.ziprecruiter.com/Salaries/Entry-Level-Private-Equity-Salary--in-New-York
- https://www.glassdoor.com/Salary/Goldman-Sachs-Vice-President-Salaries-E2800_D_KO14,28.htm
- https://www.investopedia.com/ask/answers/040615/how-does-risk-profile-private-equity-investments-compare-those-other-types-investments.asp
- https://en.wikipedia.org/wiki/Private_equity
- https://www.corporate-rebels.com/blog/ideal-ceo-to-employee-pay-ratio
- https://legacy.vault.com/practice-areas/law/private-equity
- https://variety.com/2023/tv/news/netflix-ted-sarandos-greg-peters-pay-packages-2024-1235831537/
- https://www.industryleadersmagazine.com/the-million-dollar-question-why-do-ceos-earn-so-much/
- https://www.britannica.com/biography/Mark-Cuban
- https://www.chambersstudent.co.uk/where-to-start/commercial-awareness-info/becoming-a-lawyer-in/becoming-a-private-equity-lawyer-the-view-from-sidley-austin-llp
- https://seraf-investor.com/compass/article/charting-course-building-winning-vc-fund-strategy-part-ii
- https://managementconsulted.com/consulting-vs-venture-capital/
- https://legalcareerpath.com/private-equity-law/
- https://managementconsulted.com/private-equity-vs-investment-banking/
- https://fastercapital.com/content/Not-all-private-equity-firms-are-evil--but-these-fiveare-especially-troublesome.html
- https://hbr.org/1998/11/how-venture-capital-works
- https://www.ziprecruiter.com/Salaries/Vice-President-Of-Hedge-Funds-Salary
- https://growthequityinterviewguide.com/private-equity-vs-venture-capital
- https://www.glassdoor.com/Salaries/new-york-city-senior-managing-director-private-equity-salary-SRCH_IL.0,13_IM615_KO14,53.htm
- https://www.fe.training/free-resources/careers-in-finance/investment-banking-vs-private-equity/
- https://www.theforage.com/blog/careers/hedge-fund-vs-private-equity
- https://carta.com/learn/private-funds/private-equity/
- https://www.quora.com/Is-working-at-a-venture-capital-firm-considered-more-prestigious-than-working-at-an-investment-bank
- https://www.quora.com/What-is-the-average-salary-for-a-venture-capitalist-at-a-top-firm-What-are-some-of-the-best-ways-to-break-into-this-field
- https://www.talent.com/convert?salary=1&start=hour&end=year
- https://www.quora.com/What-are-the-bad-parts-about-working-in-private-equity
- https://www.quora.com/What-is-the-failure-rate-of-venture-capital-backed-companies-and-how-can-it-be-improved
- https://www.investopedia.com/terms/p/privateequity.asp
- https://www.linkedin.com/news/story/vcs-are-burning-out-5617964/
- https://blog.privateequitylist.com/what-happens-to-employees-when-private-equity-firms-acquires-a-new-company/
- https://www.titan.com/articles/private-equity-returns
- https://www.quora.com/Are-all-venture-capitalists-rich-or-are-only-the-general-partners-Are-the-young-associates-who-scout-deals-making-millions-or-are-they-only-making-high-five-figures-low-six-figures
- https://romeromentoring.com/breaking-into-private-equity-and-hedge-funds-the-less-than-1-game/
- https://www.linkedin.com/advice/0/what-effective-strategies-achieving-work-life-balance-dtluc
- https://www.inc.com/magazine/201511/paul-keegan/does-more-pay-mean-more-growth.html
- https://growthequityinterviewguide.com/private-equity-hours
- https://www.allvuesystems.com/resources/what-is-private-capital/
- https://en.wikipedia.org/wiki/Dan_Price
- https://mergersandinquisitions.com/venture-capital-careers/
- https://www.vikingmergers.com/blog/selling-to-a-private-equity/
- https://www.forbes.com/advisor/investing/best-private-equity-firms/
- https://mergersandinquisitions.com/investment-banking-vice-president/
- https://www.glassdoor.com/Salary/Morgan-Stanley-Investment-Banking-Vice-President-Salaries-E2282_D_KO15,48.htm
- https://www.cfainstitute.org/en/programs/cfa/charterholder-careers/roles/private-equity
- https://www.bryantstratton.edu/blog/2023/november/love-shark-tank-lets-dive-into-entrepreneurship
- https://en.wikipedia.org/wiki/One-dollar_salary
- https://fortune.com/2024/01/08/denise-coates-salary-mark-zuckerberg-sundar-pichai/
- https://vault.com/professions/private-equity-lawyers/requirements
- https://www.investopedia.com/ask/answers/041315/what-are-major-differences-between-investment-banking-and-private-equity.asp
- https://dcjournal.com/some-private-equity-is-economic-fools-gold/
- https://cowenpartners.com/average-cfo-salary-by-revenue/
- https://mergersandinquisitions.com/private-equity-vs-venture-capital/
- https://money.usnews.com/investing/articles/largest-private-equity-firms
- https://en.wikipedia.org/wiki/BlackRock
- https://www.wallstreetprep.com/knowledge/investment-banking-vs-private-equity/
- https://www.investopedia.com/articles/mutualfund/07/private_equity.asp
- https://www.heidrick.com/en/insights/compensation-trends/2023-private-equity-backed-chief-executive-officer-compensation-survey
- https://www.comparably.com/salaries/salaries-for-vice-president
- https://mergersandinquisitions.com/private-equity/careers/
- https://www.quora.com/If-a-company-is-asking-50-000-for-5-equity-what-is-the-company-valued-at
- https://www.sourcescrub.com/post/private-equity-firm-roles
- https://marker.medium.com/how-venture-capitalists-make-money-9af5cc3ff2ef
- https://www.ziprecruiter.com/Salaries/What-Is-the-Average-Private-Equity-Firms-Salary-by-State
- https://www.ambitionbox.com/profile/private-equity-associate-salary
- https://www.quora.com/How-hard-is-it-to-become-a-partner-at-an-early-stage-venture-capital-VC-firm
- https://www.glassdoor.com/Salary/The-Blackstone-Group-Vice-President-Salaries-EJI_IE4022.0,20_KO21,35_IM167.htm
- https://www.investopedia.com/articles/investing/093015/understanding-private-equity-funds-structure.asp
- https://www.blackrock.com/institutions/en-us/strategies/alternatives/private-equity
- https://www.ziprecruiter.com/career/Private-Equity-Vice-President/What-Is-How-to-Become
- https://nypost.com/2024/04/19/media/warner-bros-discovery-ceo-david-zaslav-saw-pay-jump-to-50m/
- https://investor.vanguard.com/wealth-management/private-equity
- https://hbr.org/2007/09/the-strategic-secret-of-private-equity
- https://www.fool.com/investing/how-to-invest/top-ceos/highest-paid-ceos/
- https://www.glassdoor.com/Salary/Platinum-Equity-Vice-President-Salaries-E9423_D_KO16,30.htm
- https://www.quora.com/What-is-the-average-age-of-a-senior-associate-at-a-VC-firm
- https://www.signatureblock.co/articles/how-to-break-into-vc
- https://www.investopedia.com/articles/financial-careers/09/private-equity.asp
- https://au.prosple.com/career-planning/what-do-young-venture-capitalists-do-all-day
- https://www.ziprecruiter.com/Salaries/Venture-Capital-Ceo-Salary
- https://www.movemeon.com/insight/private-equity-the-double-edged-sword-of-working-in-private-equity/
- https://www.wallstreetprep.com/knowledge/private-equity-salary/
- https://www.ziprecruiter.com/Salaries/What-Is-the-Average-Partner-Venture-Capital-Salary-by-State
- https://www.dentonsventurebeyond.com/resource-center/what-do-venture-lawyers-do/
- https://www.fiercehealthcare.com/providers/heres-what-ceos-and-cfos-major-profit-health-systems-made-2022
- https://www.joinleland.com/library/a/how-to-transition-from-law-to-private-equity
- https://www.ziprecruiter.com/Salaries/Private-Equity-Ceo-Salary
- https://www.indeed.com/career-advice/finding-a-job/7-figures-jobs
- https://mergersandinquisitions.com/how-to-get-into-venture-capital/
- https://www.ziprecruiter.com/Salaries/Venture-Capital-Salary--in-California
- https://www.retaildive.com/news/the-biggest-buyouts/541078/
- https://www.linkedin.com/pulse/what-difference-between-private-equity-venture-capital
- https://entrepreneurial-mindset.quora.com/How-much-does-a-CEO-of-a-40-million-dollar-company-make
- https://www.investopedia.com/terms/v/venturecapitalist.asp