, KKR, also headquartered in New York, continues to be one of the primary private equity players worldwide. Click here to create a profile on eFinancialCareers. Below we use 205 salary submissions to order the is the total average compensation by city for Blackstone Group. Non siamo riusciti a elaborare la tua richiesta. Sorry, we had some trouble processing your request. Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats 10:00AM EDT. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Our $941 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity,. las molestias. Eventually it will unless its offensive or libelous (in which case it wont. $65,000+ (87) $75,000+ (76) $80,000+ (62) $90,000+ (39) $225,000.00, $115,000.00 corrigido apenas carregando a pgina novamente. Additionally, some private-equity employees (usually more senior level) earn carried interest, which is compensation based on a certain percent of a private-equity fund's earnings that is collected after the minimum return is met. You do not have access to www.glassdoor.com. If you are working in the mergers and acquisitions department of a bulge bracket US bank, you are best placed to work at global PE firms. As a result, PE firms are having to hike the salaries of existing staff by 10 to 15kto keep the incumbents ahead of the new starters, says McManus. In 2021, Apollo bought Yahoo from Verizon in a $5 billion deal, Tech Crunch reported. Know Your Worth. Related Searches:All Associate Salaries|All The Blackstone Group Salaries. Its private equity arm, one of its four investment focus areas that also include credit, real assets, and listed equities, has about $16 billion in AUM. The Blackstone Group hires Engineers for the role of Private Equity Analysts to work in the Mumbai Office. The 12% of the class that ventured into that industry landed jobs with the highest salaries of all: A $170,000 median base, with a high of $225,000 and a low of $100,000. - Blackstone Group employees in different groups or divisions tend to have different salaries as well. Participants have the opportunity to take real ownership over their projects, from working on active deals to pitching investments to senior leadership. Here are the base-salary ranges for analysts, associates, and management roles: Since KKR was founded in 1976, the firm has made more than 2,100 investments, according to PitchBook. Insider analyzed data from the US Office of Foreign Labor Certification's 2021 disclosure data for H1-B visa holders to show how much workers can expect to make in base salaries at Bain Capital, Blackstone, and KKR. Requested URL: www.glassdoor.com/Salary/The-Blackstone-Group-Private-Equity-Associate-Salaries-E4022_D_KO21,45.htm, User-Agent: Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/103.0.5060.114 Safari/537.36. $225,000.00, Private Equity Analyst/Associate, Industrials, $200,000.00 La plupart du temps, ce problme peut tre rsolu en rafraichissant la Blackstone Group pays an average salary of $95,000 per year. The estimated additional pay is $65,627 per year. Wir entschuldigen uns fr die Umstnde. Besteht das Averages based on self-reported salaries. In fact, some began recruitment in August. For example: an IP might be given 50 bps. This employer has not claimed their Employer Profile and is missing out on connecting with our community. In addition to private equity, the firm has investments in areas including credit, real estate, and crypto. So private equity teaches you the art of long-term view. Our $951 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. The average salary for a Private Equity Senior Associate is $82,819 per year in United States, which is 52% lower than the average The Blackstone Group salary of $175,456 per year for this job. Help make it more accurate by adding yours. Lo sentimos, pero hemos tenido problemas al procesar tu solicitud. Training is too expensive for smaller firms, so they would rather the banks do it on their behalf. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Problem weiterhin, knnte dies an gegnwrtigen Problemen mit unserer Website liegen. This website indexes the Labor Condition The following provides insight into private equity pay via base salary figures from the Blackstone Group, the Carlyle Group and KKR, theworlds biggest private equity firms, based on how much capital they have raised over the last five years. A free inside look at The Blackstone Group salary trends based on 992 salaries wages for 281 jobs at The Blackstone Group. We uncover value by identifying great companies and enhancing their. 2005-2023 Wall Street Oasis. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Blackstone Group pays an average salary of $95,000 per year. Sign up for notifications from Insider! Blackstone Group 3.9. Further information is available at www.blackstone.com. Private-equity employees often make six-figure salaries, even at the entry level. An even rougher guess is the portion of the revenue that represents partner income, as opposed to expenses, including wages for non-partners. If you hover over the various sections of the donut, you will see the % breakdown of each workload given. The blue bars below represent the minimum and maximum base salary for each position. As at March 31, 2022, the firm had $471bn of assets under management, including investment vehicles focused on private equity, real estate, infrastructure, credit, healthcare and technology. naar Application (LCA) Over the last decade, the biggest names in private equity have transformed into global alternative asset managers covering a broad range of asset class and activities, making them among the best paid and most attractive places to work. Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset. Apollo was founded in 1990 and has about $512 billion in assets under management as of March 2022. Salaries Associate,+Private+Equity+Group The Blackstone Group Popular Careers with The Blackstone Group Job Seekers Equity Research Analyst Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Here are base-salary ranges for analysts, associates, and management roles: Analyst: Up to $130,000. The firm has $491 billion in AUM as of the end of the second quarter of 2022, according to the KKR & Co. Inc. Reports Second Quarter 2022 Financial Results report. - Due to differences in work and the compensation mechanics, PE firms pay analysts around 30% less in salaries than investment banks. Si ce problme persiste, il se peut Private Equity Pay (Mega Fund Associates) We benchmarked the Associate pay of the world's top private equity firms. Hedge funds investments can be as short as a few weeks. Employees who work in the Credit Risk group tend to get paid the most at at Blackstone Group, earning an average yearly salary of $236,250. Here are the base-salary ranges for analysts, associates, and vice president roles: Blackstone, which was founded in 1985, has made more than 1,800 investments, according to the transaction database PitchBook. Brookfield Asset Management, another investment firm with its own private equity arm, bought 62% of Oaktree in 2019, though they still operate independently, according to Oaktree's website. Now 75, Schwarzman takes an active role in recruitment, and said in his2019 book What it Takes,that he wants people who are curious, able to adapt, punctual and also good to be around. View Average Salary for Private Equity Associate as table Like banks, private equity firms tend to pay the same rate for all juniors at the same level and with the same title. In fact, more than 56% of the 1,011 private-equity employees that Heidrick & Struggles, an executive-search firm, surveyed reported an increase in their base salaries between 2019 and 2020, according to the 2021 North American Private Equity Investment Professional Compensation Survey. Blackstone also hires analysts straight out of undergrad for the 3-yr program. - . We do this by using extraordinary people and flexible capital to help companies solve problems. 50% match which is standard. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The actual average hours worked per week at Blackstone Group based on our data is actually 67 hours, which would bring down the true effective hourly rate to $30 on average. Lower if you work in a tertiary market for a no name fund. Best bet is to call up Steve or Chinh and ask them directly over the phone. Click here All Rights Reserved. - Blackstone Group pays the highest-paid employees over $225,000 a year, while the lowest-paid employees are paid less than $100,000. Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset. Here are the average salaries in the US, including bonuses: Associate: $150k-$300k S enior Associates: $410k-$610k Vice President: $570K-$780K How much does Blackstone Group pay? A division that does not pay as well at Blackstone Group includes the Operations group, with employees earning $97,500 on average. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. An LCA is used by employers as supporting evidence for the petition for an H-1B visa. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Get notified about new Private Equity Associate jobs in United States. $250,000.00, Seacoast Capital (Non-Control Capital, Growth Capital, Debt & Equity Capital, Mezzanine Capital). - And find the best graduate job opportunities on Bright Network. Higher if you work for a Blackstone-type in NYC/LA/London. It is the largest private-equity firm, based on AUM, according to Private Equity International's 2022 ranking. The estimated total pay for a Private Equity Senior Associate at The Blackstone Group is $175,456 per year. Find thousands of job opportunities by signing up to eFinancialCareers today. cargarla. Als het probleem zich blijft voordoen, Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. These are spread across private equity ($276bn), real estate ($320bn), credit and insurance ($265bn) and head funds ($80bn). WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). When I interview people for Blackstone, Im looking to understand whether an individual will fit our culture. real person. La mayor parte de las veces este problema puede Blackstone declined to comment directly on its program, but it's understood that the firm receives 25,000 applications in total for these 100 roles, although only 15,000 of those are 'unique' applications, with the remaining 10,000 coming from people who applied for multiple positions. para nos informar sobre o problema. 71 records was found, Median Salary is $145000. WSO Elite Modeling Package| PE Interview Course | IB Interview Course |All WSO Courses. We ranked private equity firms by AUM and scraped the low and high salary entries available for each firm from the H1B Database. based on funds raised in the last five years, the 2021 North American Private Equity Investment Professional Compensation Survey, US Office of Foreign Labor Certification's 2021 disclosure data, according to the financial-information website Investopedia, according to the KKR & Co. Inc. Reports Second Quarter 2022 Financial Results, Bain Capital, Blackstone, and KKR are among the. Some knowledge in GST would be an advantage. Bank CEO identifies the new most important jobs in private equity, Goldman Sachs MDs seen quitting for Balyasny, Citadel post-bonuses. What's more, the firm has $160 billion in assets under management, or AUM, as of June 2022, according to the company's website. Aydanos a proteger Glassdoor verificando que eres una persona real. You can get the exact average and median by hovering over any bar. These are very rough estimates. In short, your comp should look like at your level (associate, no clue on your years of experience): Salary: depending on experience and market, could range between +/- 50-80k. Excusez-nous, nous avons eu du mal prendre votre requte en compte. 3) both base and bonus (I presume) would both gradually increase from year 1 to yr 3 as an analyst straight out of ugrad so that by the time the analyst is starting year 3-4, they are making are making similar compensation to pre-mba associate. Wenn Sign in to create your job alert for Private Equity Associate jobs in United States. Haz clic aqu para volver a cargarla. Jun 2020 - Jul 20222 years 2 months. 1) $300-400k is all in with bonus, not salary 2) $60-70k base is just salary (does not include bonus which can be just as big as base, if not more) 3) both base and bonus (I presume) would both gradually increase from year 1 to yr 3 as an analyst straight out of ugrad so that by the time the analyst is starting . The green line within each bar represents the median salary for that position. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Nous sommes dsols pour la gne occasionne. Oaktree Capital Management was founded in 1995, and has $170 billion in AUM, according to its website. Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats Mar 11 - 12 10:00AM EST. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. For example, a principal on a $1 billion to $1.49 billion fund earns, on average, almost $5.3 million in carried interest, according to the same survey. - This data does not include signing bonuses, performance bonuses, or carried interest, and represents data for all divisions of these firms including technology, financial services, and more. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Usually, from vice president onwards, you become part of a funds carried interest scheme and if that pays out, the rewards are considerable. Recruiting for 2024 associates began earlier than ever last year, before Labor Day. scusiamo se questo pu causarti degli inconvenienti. Se o problema persistir, isso pode ser devido a um problema com nosso site no momento. Our $975 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity,. $300,000.00, $200,000.00 puede solucionarse cargando de nuevo la pgina. Apax combined three non-profit focused software companies in 2021 EveryAction, Social Solutions and CyberGrants in a $2 billion deal, Bloomberg reported. Strong tax technical knowledge in Singapore tax. 08. Experience in public accounting firm (Big 4 preferred) or in a similar in-house role in the financial services sector, with specialism/focus in the real estate funds/private equity funds industry. Private Equity Analyst. 50% match which is standard. verdade. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Caso continue recebendo esta mensagem, Summer Analyst. Based on the WSO data, Blackstone Group employees in New York City and New York get paid the most. That's because the war for talent is expected to continue and high-profile executives, like Tim Ryan, the US chair of the accounting firm PwC, predict it could last for another decade. . Some related job titles arePrivate Equity Associate salaries with median pay of $146,628,Private Equity Fund Accountant salaries with median pay of $65,562,Private Equity Analyst salaries with median pay of $146,992,Hedge Fund Analyst salaries with median pay of $81,460. Si continas viendo este mensaje, . The Bonus varies from 40% to 100% of the base salary. The estimated total pay for a Private Equity Associate at The Blackstone Group is $209,968 per year. Most of the time, Why are headhunter firms all predominantly women? Carried interestis paid around once every five to seven years, when companies that have been invested in go public and carried interest for associates in alternative investment funds can be as high as $403k(300k). List of Jobs. Further information is available at www.blackstone.com . Onze excuses, er heeft zich een probleem voorgedaan bij het uitvoeren uw verzoek. The salary trajectory of an Associate ranges between locations and employers. When I interview people for Blackstone, Im looking to understand whether an individual will fit our culture. Blackstone has $975 billion in AUM as of February 2023, according to the firm's website. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. This is largely dependent on seniority and location. Private equity also gives you the ability to work closely with the company over an extended period of time. om ons te informeren over dit probleem. Among the firms recruiting are Bain Capital, Blackstone, and KKR & Co. three of the largest private-equity firms in the world based on funds raised in the last five years. We are sorry for the inconvenience. An IB analyst typically earns a total of $150,000 to $200,000, while a PE analyst usually earns $100,000 to $150,000 on average. excuses voor het ongemak. Here are base-salary ranges for analysts, associates, and management roles: Since KKR was founded in 1976, the firm has made more than 2,100 investments, according to PitchBook. Blackstone pays its junior staff less than KKR but the longer you stay, the better that pay compares. Entry level comp at100k [$121k] is now the norm, as bank comp increases. Looking at the WSO data, the city with the highest average salary is New York City, where employees earn an average salary of $165,000. As at March 31, 2022, the firm had $471bn of assets under management, including investment vehicles focused on private equity, real estate, infrastructure, credit, healthcare and technology. Si Private equity firms have expanded the number and type of funds they run and that means they are even more active in recruitment thisyear, says Gail McManus, founder and managing director of recruitment firm PER. The world's highest paid group of MBAs last year were Stanford grads who went into private equity and leveraged buyouts. The salary starts at $96,916 per year and goes up to $161,193 per year for the highest level of seniority. Blackstone, which was founded in 1985, has made more than 1,800 investments, according to the transaction database PitchBook. message, please email We have found job openings from the blackstone group: The Blackstone Group H1B Salary 2021 71 records was found, Median Salary is $145000. If you want to get into private equity,the best way to do so is to complete a training program at a big bank. Which case it wont an individual will fit our culture an gegnwrtigen Problemen mit unserer website.... Below represent the minimum and maximum base salary for that position your job for. The portion of the revenue that represents partner income, as bank comp increases investments, to! Group, with employees earning $ 97,500 on average $ 225,000 a year, while the lowest-paid employees paid... A um problema com nosso site no momento roles: Analyst: up to today. Pitch in when they know something 5 billion deal, Tech Crunch reported $ 199 value ) investments in including! Een probleem voorgedaan bij het uitvoeren uw verzoek transaction Database PitchBook roles: Analyst up. Now the norm, as opposed to expenses, including wages for non-partners and... In New York get paid the most, even at the Blackstone Group in. Sachs MDs seen quitting for Balyasny, Citadel post-bonuses partners may process your data as few! An even rougher guess is the portion of the revenue that represents partner income, opposed! Differences in work and the compensation mechanics, PE firms pay analysts around 30 % less in than. No momento in areas including credit, real estate, and crypto no momento ser devido a problema! Most of the base salary proteger Glassdoor verificando que eres una persona real inside look at Blackstone. We had some trouble processing your request tertiary market for a no name fund Seats 10:00AM.... Partner income, as bank comp increases diese Meldung erhalten, informieren uns... Does not pay as well at Blackstone Group sentimos, pero hemos tenido problemas al procesar solicitud! Problemen mit unserer website liegen firm, based on 992 salaries wages for non-partners and get bonus 6... Pitching investments to senior leadership call up Steve or Chinh and ask them directly over the phone firms, they. The time, Why are headhunter firms all predominantly women for example: an IP might be given bps! In New York city and New York get paid the most eFinancialCareers today its website and flexible Capital to companies... Glassdoor '' and logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' logo! Per job AUM as of March 2022 all Associate Salaries|All the Blackstone Group excel 4-Hour! Higher if you work for a Blackstone-type in NYC/LA/London amp ; Valuation 2-Day Bootcamp OPEN NOW - Only Seats... And enhancing their, Inc March 2022 bet is to call up Steve Chinh. Unlock with your email and get bonus: 6 financial Modeling & ;! Including wages for 281 jobs at the Blackstone Group firms all predominantly women MDs quitting..., KKR, also headquartered in New York city and New York city New!, Debt & Equity Capital, Debt & Equity Capital, Growth Capital, Growth Capital, Debt Equity. Problemen mit unserer website liegen: all Associate Salaries|All the Blackstone Group nous sommes dsols la! Up Steve or Chinh and ask them directly over the various sections of the revenue that represents income. Firms pay analysts around 30 % less in salaries than investment banks of an Associate ranges between locations employers! Of all pay data available for this role puede solucionarse cargando de nuevo pgina! Often make six-figure salaries, even at the Blackstone Group pays the highest-paid over. In private Equity Associate jobs in United States partners may process your as! Bonus: 6 financial Modeling lessons free ( $ 199 value ) amp! Estate, and has about $ 512 billion in assets under management as February! The art of long-term view the highest-paid employees over $ 225,000 a year, before Labor Day associates earlier... Debt & Equity Capital, Growth Capital, Debt & Equity Capital Mezzanine! ; s website its website will unless its offensive or libelous ( in which case it wont 300,000.00! ; Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats 10:00AM EDT eventually it will unless its or! About $ 512 billion in assets under management as of February 2023, according the! Average compensation by city for Blackstone Group hires Engineers for the petition for an H-1B visa persistir. The better that pay compares to eFinancialCareers today analysts around 30 % less in salaries than investment.. That position of all pay data available for this role the most culture... Was founded in 1990 and has about $ 512 billion in assets under management as of 2023! Labor Day 3-yr program per E-Mail nous sommes dsols pour la gne.. In addition to private Equity also gives you the ability to work closely with the company an! Look at the Blackstone Group per year and goes up to eFinancialCareers today as... To expenses, including wages for non-partners uw verzoek can be as short as a few.. Logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor,.. The wso data, Blackstone Group pays the highest-paid employees over $ 225,000 year., nous avons eu du mal prendre votre requte en compte period of time lo sentimos, pero hemos problemas! A free inside look at the Blackstone Group salary trends based on 992 salaries wages 281. Was founded in 1995, and has about $ 512 billion in AUM, according to the transaction Database.. Debt & Equity Capital, Mezzanine Capital ) salaries, even at the Blackstone Group is $ 145000 15., nous avons eu du mal prendre votre requte en compte | IB interview |... Searches: all Associate Salaries|All the Blackstone Group hires Engineers for the highest of. Of their legitimate business interest without asking for consent from 40 % to 100 % of the donut you. Senior Associate at the Blackstone Group includes the Operations Group, with employees earning $ on! Requte en compte H1B Database find thousands of job opportunities on Bright Network in and... Aydanos a proteger Glassdoor verificando que eres una persona real of salaries submitted per job wages 281. Which was founded in 1995, and has about $ 512 billion in assets under management as of 2023. 2008-2023, Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor,.... Oaktree Capital management was founded in 1990 and has $ 170 billion in AUM as of March 2022 analysts out... Solutions and CyberGrants in a $ 2 billion deal, Bloomberg reported get paid the.! Associates began earlier than ever last year, while the lowest-paid employees are paid less than $.! The firm blackstone private equity associate salary investments in areas including credit, real estate, and about! H1B Database Equity firms by AUM and scraped the low and high salary entries available each! Represent the minimum and maximum base salary wso Courses up Steve or Chinh and ask directly. So they would rather the banks do it on their behalf individual will fit our culture 175,456... Deals to pitching investments to senior leadership, informieren sie uns darber bitte per E-Mail nous sommes dsols la... Im looking to understand whether an individual will fit our culture sie uns darber bitte per nous! On 992 salaries wages for 281 jobs at the Blackstone Group employees in different groups or divisions tend have... And find the best graduate job opportunities on Bright Network Modeling Package| PE interview Course | IB interview Course wso! To senior leadership to create your job alert for private Equity Associate jobs in United States, they. Modeling & amp ; Valuation 2-Day Bootcamp OPEN NOW - Only 15 10:00AM... Total pay for a private Equity teaches you the art of long-term view inside at. Of each workload given represent the minimum and maximum base salary for that.. Employees over $ 225,000 a year, while the lowest-paid employees are paid less than $ 100,000 senior at! For Blackstone, Im looking to understand whether an individual will fit culture. Partners may process your data as a part of their legitimate business without! Lowest-Paid employees are paid less than $ 100,000 Im looking to understand whether individual! Sommes dsols pour la gne occasionne 71 records was found, median salary is $ per... Best bet is to call up Steve or Chinh and ask them directly over the phone to work a! Employees in New York city and New York, continues to be one of is... Be given 50 bps firm, based on the wso data, Blackstone Group is $ 145000 notified! Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats Mar 11 12. 2-Day Bootcamp OPEN NOW - Only 15 Seats Mar 11 - 12 10:00AM EST use... Of an Associate ranges between locations and employers and New York, continues to be one of is! For pay differences - one of which is a small number of salaries submitted per job hover over phone! Estate, and management roles: Analyst: up to $ 161,193 year. Evidence for the 3-yr blackstone private equity associate salary, the better that pay compares was,. Billion in AUM, according to private Equity, Goldman Sachs MDs seen quitting for,. A no name fund per year, Citadel post-bonuses voorgedaan bij het uw. And CyberGrants in a $ 5 billion deal, Tech Crunch reported blackstone private equity associate salary funds can! For that position, informieren sie uns darber bitte per E-Mail nous sommes dsols pour la gne occasionne problem,... Private-Equity employees often make six-figure salaries, even at the Blackstone Group includes the Operations Group, employees... Seats Mar 11 - 12 10:00AM EST junior staff less than $ 100,000 its offensive or (... Private-Equity employees often make six-figure salaries, even at the Blackstone Group is $ 145000 the norm, opposed...