How much do principals make in private equity? (2024)

How much do principals make in private equity?

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.

Is principal higher than VP in private equity?

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.

How much does a principal make at KKR?

How much does a Principal make at KKR in the United States? Average KKR Principal yearly pay in the United States is approximately $248,270, which is 137% above the national average.

How much do principals at VC firms make?

Venture Capital Principal Salary, Bonus, and Carried Interest Levels. Base salaries and year-end bonuses depend heavily on the firm's size and age, but the total compensation range at the “average” VC firm is $250K – $400K USD.

How much does a VP at a private equity firm make?

How much does a PE principal make?

On average, Principals at mid-sized-to-large firms in the U.S. earn in the $500K – $800K range in terms of base salary + year-end bonus. These numbers will be lower in other regions, such as Europe and Asia, and at smaller funds, such as a startup PE firm with $100 million under management.

What level is principal at KKR?

The specific designation of Vice President or Principal differs at each firm – sometimes Principal is the equivalent of Senior Associate (like at KKR) and sometimes it is the role right before Managing Director. The most senior role is Managing Director and Partner.

What is the highest salary of a principal?

Principal salary in India ranges between ₹ 2.6 Lakhs to ₹ 50.0 Lakhs with an average annual salary of ₹ 19.8 Lakhs. Salary estimates are based on 8.2k latest salaries received from Principals.

Who pays more Blackstone or KKR?

Salaries. Of the top 3 common jobs between the two companies, The Blackstone Group salaries averaged $1,044 higher than KKR.

How much does a private equity CFO make?

Is private equity a good career?

Compared to other jobs in the financial space, private equity roles can provide a more balanced lifestyle, potential for better pay and more engaging, connected work. Private equity is growing in popularity, and an increasing number of college graduates or financial professionals are looking to break into the space.

How much 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.

Who are the largest private equity firms?

What level is principal in private equity?

At the senior level, a private equity director, principal, or managing director is directly involved with client negotiations. It's usually up to these senior folks to ultimately win and close deals. After closing a deal, these roles work extensively with portfolio companies to ensure the deal will prove successful.

How much does a principal at Bain Capital make?

The estimated total pay range for a Principal at Bain Capital is $303K–$512K per year, which includes base salary and additional pay.

How much do Blackstone principals make in London?

The estimated total pay range for a Principal at The Blackstone Group is £150K–£180K per year, which includes base salary and additional pay. The average Principal base salary at The Blackstone Group is £150K per year.

How much does a Principal make at Apollo private equity?

The estimated total pay range for a Principal at Apollo Global Management is $217K–$383K per year, which includes base salary and additional pay. The average Principal base salary at Apollo Global Management is $191K per year.

What does a Principal do in private equity?

They also spend more time on sourcing deals and fundraising, and they are often the ones who convince business owners to consider a sale in the first place. Principals also act as the go-between between the deal team and the MDs/Partners.

What does a Principal at Blackstone do?

Key responsibilities for this role include:

Source and underwrite potential investments across asset classes including equity, credit, hard assets, and private investments. Draft and deliver investment memoranda for presentation to the BSOF Investment Committee.

How much do hedge fund principals make?

How hard is it to get promoted in private equity?

Getting promoted in private equity (PE) is not easy. You need to demonstrate exceptional skills, performance, and potential in a highly competitive and demanding environment.

Does private equity pay well?

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.

Where do principals make the most money?

New York has the highest principal salary of $132,640. Hawaii has the lowest principal salary of $51,515. The national average salary for principals is $111,719. The national hourly pay for principals is $53.71.

Is principal higher than CEO?

A principal in a company is typically the owner, founder or chief executive officer (CEO ) of a company. In some situations, the principal might be someone who owns most of the company's equity and is responsible for making big business decisions.

What position is higher than a principal?

Scope – While principals oversee operations at individual schools, superintendents are responsible for entire districts (multiple schools and facilities). Being higher in the chain of command, superintendents have purview over significantly more students and staff.