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PE Compensation = Base + Bonus, Not counting Carried Interest

“Why are there so few women in finance, particularly on the buyside? While that question may seem overused these days, it’s still true that a very small percentage of senior people in finance are women. If I had to speculate, I would imagine that women end up dropping out due to a variety of reasons: it can feel isolating as you move up, women may not feel like their superiors or firms support them, or they may not feel fulfilled in other aspects of life.” If you want to learn more about a few tips to make your experience as a woman in finance, particularly on the buyside, more enjoyable and fulfilling, click the link below to read on.?????? Link: https://lnkd.in/eySWBuKv #privateequity #investmentbanking #getofficehours #buysideprep #buyside #wallstreetprep #connect #industry #webinar #wallstreetoasis #finance #lateralinvestmentbank #eliteboutiques #network #accounting #growthequity #fyp #blog #article #womanpower #finances

Check out this video where the OfficeHours Team talks about their observations from the #oncycle2023 recruiting season and beyond! #getofficehours #buysideprep #buyside #wallstreetprep #wallstreetoasis #finance #lateralinvestmentbank #training #summeranalyst #fyp #blog #privateequity #investmentbanking #eliteboutiques #network #accounting #growthequity

“Everyone plays the guessing game as to when on-cycle interviews will officially start… What we recommend at OfficeHours is to start your PREP EARLY! Assume that interviews will start this summer/early fall and the best way to get prepared is to start yesterday.” ????? Read our latest newsletter now!?? #privateequity #investmentbanking #getofficehours #buysideprep #buyside #wallstreetprep #wallstreetoasis #network #accounting #growthequity #training #summeranalyst #finance #lateralinvestmentbank #eliteboutiques #intern #prepare #recruiting #newsletter

Everyone plays the guessing game as to when on-cycle interviews will officially start… What we recommend at OfficeHours is to start your?PREP EARLY!?Assume that interviews will start this summer/early fall and the best way to get prepared is to start yesterday. Let’s look to 2019 as a?cautionary tale: Most people thought recruiting would happen in October 2019 and mapped out their prep calendar accordingly. Then on Thursday, September 12th, Thoma Bravo sent out interview lists around midnight and told candidates to come to their offices that Friday the 13th. After getting wind of this, the rest of the megafunds scrambled to launch their interview processes that same day. https://lnkd.in/eMeEMxYz

Got an interview scheduled for next week? We're here to support you with mock interviews to help you prepare quickly! Simply click the link here - https://lnkd.in/d3wGie4q and Nadia from our team will send you a calendar invite shortly. Looking forward to hearing from you soon! #getofficehours #buysideprep #buyside #wallstreetprep #wallstreetoasis #finance #lateralinvestmentbank #training #summeranalyst #fyp #blog #privateequity #investmentbanking #eliteboutiques #network #accounting #growthequity #interview

We've been hearing many firms are looking at immediate hires - if you're currently recruiting, what does your interview timeline look like?

To recap,?IBD ASO 1 TC is in the $315K-$375K range, whereas?PE ASO 1 TC is in the $300-$350K range. If investment banking associates make more than their PE associate peers, what’s all the hype about private equity about? https://lnkd.in/evsjaZYf

As a junior financial professional, you may or may not have access to carry yet depending on the stage of your career. When you’re evaluating an offer, try to learn what the carry structure is like at the firm. How senior do you need to be to receive carry? How many funds can you be exposed to / invest in each of them? Are there co-investment opportunities to directly invest in deals alongside LPs? How long is the vesting period (i.e. how long do you need to stay to get your full carry, and if you leave early how much of it do you get)? Get as much information as you can from market intelligence and speak to professionals at the firm to determine whether you think it’s a good deal. ? You might be wondering why learning about carry structures is important for juniors. For many of us in the industry, we are in PE for the long haul and want to see our carry paid out in 5-10 years after we exit investments. If you’re thinking you want to be in this career track long term, understanding the carry structure is essential to understand how your compensation will evolve as you become more tenured in PE. https://lnkd.in/dtSWFxux

Our Private Equity Platform has helped out over 2,000 Individuals Place to firms like Apollo, Blackstone, Carlyle, KKR, TA Associates and TPG. Take $250 off with the code 'APRIL' now for the entire month! https://lnkd.in/etvCwVf9