How much does a private equity vice president make in NYC? (2024)

How much does a private equity vice president make in NYC?

$125,800 is the 25th percentile. Salaries below this are outliers. $207,900 is the 75th percentile.

How much does a private equity VP make in New York City?

As of Mar 11, 2024, the average annual pay for a Private Equity Vice President in New York City is $174,414 a year. Just in case you need a simple salary calculator, that works out to be approximately $83.85 an hour. This is the equivalent of $3,354/week or $14,534/month.

How much does a vice president at a private equity firm make?

How much does a director of private equity make in New York?

How much does a Private Equity Director make in New York, NY? The average Private Equity Director salary in New York, NY is $199,230 as of February 26, 2024, but the salary range typically falls between $177,299 and $226,175.

How much does the VP of people get paid in New York?

The average salary for a Vice President of People in New York is $188,909.

What does a VP at a private equity firm do?

Private Equity Vice President

Vice Presidents are essentially responsible for managing deals in general. They work directly with clients to build and maintain relationships (to win deals), but they also oversee and manage all work by associates and analysts.

What is a VP in private equity?

VICE PRESIDENT/PRINCIPAL: Vice presidents and principals typically manage the daily responsibilities of the deal teams and work closely with the senior partners of the firm on strategy and negotiations. Professionals in these roles are also expected to generate investment opportunities and potential acquisition ideas.

Is principal or vice president higher in private equity?

The Principal

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. They are also involved in the management of and execution of company portfolios.

What is the difference between a principal and a vice president in private equity?

The Principal and Vice President roles have some overlap, but VPs act more like “project managers for deal execution,” while Principals spend more time on deal sourcing, intervening in critical negotiations, and winning buy-in from the Partners.

How much does the CEO of a private equity firm make?

The average base compensation among US CEOs surveyed for this report was $510,000 in 2023, and the average cash bonus received in 2022 was $390,000, for a total average cash compensation of $908,000.

What is the highest salary in private equity?

Highest salary that a Private Equity Associate can earn is ₹45.0 Lakhs per year (₹3.8L per month). How does Private Equity Associate Salary in India change with experience? An Entry Level Private Equity Associate with less than three years of experience earns an average salary of ₹14.2 Lakhs per year.

Can you make good money in private equity?

In short, if you're at a top mega fund, then you can expect to get paid between $350-$400k per year. These numbers reflect total compensation paid to private equity associates in 2022.

How do people in private equity make so much money?

Private equity owners make money by buying companies they think have value and can be improved. They improve the company or break it up and sell its parts, which can generate even more profits.

What is the average bonus for a Vice President?

The average Vice President in the US makes $220,326. The average bonus for a Vice President is $44,677 which represents 25.44% of their salary, with 90% of people reporting that they receive a bonus each year.

How much do Fortune 500 vice presidents make a year?

The VP range at his company was $180-275k base with significant equity + bonus on top of that.

How much does a VP at One America make?

The average OneAmerica salary ranges from approximately $35,000 per year for Customer Service Representative to $182,054 per year for Vice President.

How many hours do private equity VPs work?

VPs have marginally better lives than Associates and significantly better lives than Analysts, but they still work a lot. The average is probably 55-70 hours per week, which translates into 12-hour days in the office on weekdays, followed by a bit of extra work from home.

Is VP a high position?

What is the main difference between a VP vs director? Typically a director heads a department or a vertical. On the other hand, a VP or vice president is one of the top 2 or 3 leaders of the organization. So usually the director reports to the VP.

Is private equity a prestigious career?

While no job is perfect, it's true that private equity investing is one of the most attractive (and lucrative) career paths around. Private equity is attractive for a number of reasons: High prestige and compensation in private equity. Relatively better than investment banking hours.

How much does a principal make at KKR?

Average KKR Principal yearly pay in the United States is approximately $248,270, which is 137% above the national average. Salary information comes from 5 data points collected directly from employees, users, and past and present job advertisem*nts on Indeed in the past 36 months.

How much does a vice president at Bain Capital make?

How much does a Vice President make at Bain Capital in the United States? Average Bain Capital Vice President yearly pay in the United States is approximately $195,974, which is 32% above the national average.

How much does a vice president at Blackstone make?

$250K (Median Total Pay)

The estimated total pay range for a Vice President at The Blackstone Group is $208K–$307K per year, which includes base salary and additional pay. The average Vice President base salary at The Blackstone Group is $187K per year.

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.

How much does a partner at a private equity firm 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 long does it take to get promoted in private equity?