Which private equity firms pay the most?
A job in private equity may be quite profitable. According to a Heidrick & Struggles poll, managing partners at private equity companies with less than $20 billion in assets under management received average cash remuneration in 2019 ranging from $1.1 million to $3.7 million, including incentives (AUM).
Depending on the firm’s AUM, our analysis revealed that the overall average remuneration for partners and managing directors in 2019 ranged from $596,000 to $2.2 million. Between $193,000 and $315,000, the average salary for associates and senior associates varied less among company sizes.
Apollo Global Management, KKR & Co., and Brookfield Asset Management were the companies that paid the greatest amounts for an associate job in 2019, according to the H1B Database, which combines the basic wages of all U.S. workers under the common H-1B visa. The lowest-ranking worker at a private equity company is often an associate. They usually have experience in investment banking, consulting, or other deal-related financial services, and they are in their mid- to late-20s.
Peak Frameworks is a platform for preparing for a career in finance that was established by experts in private equity and investment banking. According to Peak Frameworks, Apollo Global Management is commonly cited as the highest-paying private equity company in terms of total remuneration, with associate salaries that may reach $400,000 annually.
Is Bain Capital prestigious?
The Boston-based company Bain Capital was established in 1983. At its international offices, the corporation has around 1,000 workers working there. Because of its co-founder, Mitt Romney, who was the 2012 Republican presidential contender, Bain is well-known in major part. Since January 2019, he has represented Utah as the junior senator of the United States.
Since its founding, Clear Channel Communications, Canada Goose, Virgin Holidays Cruises, and Bugaboo International have all been part of Bain’s portfolio. Staples, Sports Authority, Guitar Center, Gymboree, Houghton Mifflin, Domino’s Pizza, Burger King, The Weather Channel, and Brookstone are a few further notable former holdings.
In general, the fund favors consumer brands from the retail, dining, and hospitality industries.
