PE Numbers

College Majors Business Major
1

<p>I remember that some people were wondering what these were and also what the kind of exit opps you get from doing banking are.</p>

<p>Here's salary stats for someone in PE, basically these guys are recruited after 2-3 years of being an Analyst, rarely right out of college, and then much later in their careers.</p>

<p>Base / bonus / total</p>

<p>1st year associate: (based on 48 data points)
Average — $86k / $87k / $172
Median — $80k / $80k / $160k</p>

<p>2nd year associate: (based on 15 data points)
Average — $95k / $111k / $206k
Median — $85k / $105k / $210k</p>

<p>3rd year associate: (based on 4 data points)
Average — $98k / $159k / $256k
Median — $98k / $160k / $263k</p>

2

<p>what are the hours like for people in PE and hedge funds.</p>

3

<p>This is highly dependent. There is no universal barometer.</p>

4

<p>lOOk at those numbers. I think I just got a boner.</p>

5

<p>dcfca can you post the link to that site. Man those numbers aren't bad for a 24 or 25 year old.</p>

6

<p><a href="http://www.bankersball.com/2006/05/18/hot-hot-hot-private-equity-comp/%5B/url%5D"&gt;http://www.bankersball.com/2006/05/18/hot-hot-hot-private-equity-comp/&lt;/a&gt;&lt;/p>

7

<p>Hmmmm....</p>

<p>I'm sure the hours are less than ibanking definitely....I remember reading Monkey Business and they were talking about going from ibanking at DLJ to a hedge fund and got yelled at for staying in the office too late at 8:30PM....MB is not exactly a completely accurate book, but I would say PE people definitely work less than ibankers.</p>

8

<p>How come in Monkey Business that guy who was just an Investment banking associate was able to get into Hedge Funds? I thought it was mainly traders that got into Hedge Funds.</p>

9

<p>Its possible for bankers to go into hedge funds. A poster on CC actually made the switch. Search for jwblue's posts.</p>

10

<p>Mahras, do you know when jwblue talked about his switch? Im looking through his posts and cant come up with anything? Ill keep looking though.</p>

11

<p>Mahras do you happen to know anyone that made the switch from trading to venture capital?</p>

12

<p>FJM> <a href="http://talk.collegeconfidential.com/showpost.php?p=386121&postcount=18%5B/url%5D"&gt;http://talk.collegeconfidential.com/showpost.php?p=386121&postcount=18&lt;/a&gt;&lt;/p>

<p>Futurenyu> No. You typically have bankers in certain industry specific group going over to VC/PE (which are related to each other)</p>