How much do private equity principals make?

The average Private Equity Principal in the US makes $87,874. Private Equity Principals make the most in San Francisco, CA at $132,771, averaging total compensation 51% greater than the US average.

How much money do private equity partners make?

At the low end, such as at a brand-new fund with a few hundred million under management, a Partner might earn in the $500K to $1 million range for base salary + year-end bonus. As fund sizes approach several billion under management, Partners move closer to an average of $1-2 million in base salary + bonus.

How many hours do you work in private equity?

60-70 hours
Private Equity Associate Lifestyle and Hours At many smaller funds and middle-market funds, you can expect to work 60-70 hours per week, mostly on weekdays, with occasional weekend work when deals heat up.

Is VP or Principal higher?

The main differences, if they exist, are: Pay: Principals earn more than VPs in base salary, bonus, and carried interest (the last one is especially significant). Work: VPs are responsible mostly for deal execution (e.g., due diligence, financing, memo writing, managing the Analysts and Associates, etc.).

How stressful is private equity?

Private equity firms are usually smaller and more selective about their employees. But once a hire is made, they care less about how performance is maintained. There are exceptions and overlaps in every industry but, in general, the average day is a bit less stressful for private equity associates.

Is private equity a hard job?

In private equity, you’ll work hard, but the hours are not nearly as bad. Generally the lifestyle is comparable to banking when there is an active deal, but otherwise much more relaxed. You usually get into the office around 9am and may leave between 7pm-9pm depending on what you’re working on.

What is the hierarchy at Blackstone?

Associate (Pre-MBA) – Deal and Analytical Monkey. Senior Associate – More Experienced Monkey. Vice President – Manager of Deals. Director or Principal – Generator and Negotiator of Deals.