Additionally, geographic location can impact the compensation for employees at Blackstone Group as well. What's more, the firm has $160 billion in assets under management, or AUM, as of February 2023, according to the company's website. At a minimum, this includes the airport test: Would I want to be stuck waiting at the airport with you if our flight were delayed? If the answer is yes then you are on the runway to success. 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. Carry allocations are expressed in the form of a share within a fund's profit pool, and typically regarded in basis points (bps). 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,. or Want to Sign up with your social account? All private equity (PE) firms are increasingly following in the footsteps of the big private equity firms like Blackstone, Carlyle and KKRby snapping up talent now to start in September 2023. The consent submitted will only be used for data processing originating from this website. Blackstone Inc is now hiring a Blackstone Credit - Transformation - Private Credit Assets, Associate in New York, NY. You can get the exact average and median by hovering over any bar. Blackstone Group pays the highest-paid employees over $225,000 a year, while the lowest-paid employees are paid less than $100,000. Sort by: relevance - date. Application (LCA) See you on the other side! Wenn $135,000.00, $150,000.00 Assets under management have almost doubled since the end of 2020. The number you see in the middle of the donut pie chart is the simple average of these scores. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Continue with Recommended Cookies, Trending now: In fact, 2022 on-cycle recruitment was the earliest ever, kicking off before Labor Day. 2024 Blackstone Private Equity Summer Analyst. Lamentamos pelo inconveniente. The salary starts at $87,189 per year and goes up to $231,478 per year for the highest level of seniority. Know Your Worth. Last 24 hours; Last 3 days; Last 7 days; Last 14 days; Salary Estimate. 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. La mayor parte de las veces este problema The estimated additional pay is $65,627 per year. Apply to Associate, Communications Associate, Credit Associate and more! For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. And last year, Apollo merged with Athene, a retirement services platform in an $11 billion dollar deal, according to the firm's website. - Based on the WSO data, Blackstone Group employees in New York City and New York get paid the most. 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. This base compensation is the equivalent of $48 per hour assuming a 40 hour work week (2,000 hours per year). An example of data being processed may be a unique identifier stored in a cookie. 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. A free inside look at The Blackstone Group salary trends based on 992 salaries wages for 281 jobs at The Blackstone Group. In 2021, Apollo bought Yahoo from Verizon in a $5 billion deal, Tech Crunch reported. real person. The Committee's main activities are to: Participate in a stock market competition organized by TTC (Swiss television) Work with start-ups and regional companies to provide them financial analysis on different projects. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. Feb. 2016-Juli 20166 Monate. Haz clic aqu para volver a 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. Blackstones assets under management have increased by 52% since the end of 2022, having raised $322bn in that period. When I interview people for Blackstone, Im looking to understand whether an individual will fit our culture. That way the PE firms target analysts as they join the banks and by the time they join they have a years training at a top bank under their belts, says McManus. La mayor parte de las veces este problema puede Sign up for notifications from Insider! Apr. Below we use 205 salary submissions to order the is the total average compensation by city for Blackstone Group. Apollo did not respond to Insider's request for comment. Do you believe debt breeds managerial excellence? The site owner may have set restrictions that prevent you from accessing the site. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher), Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Get similar jobs sent to your email. 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. Initially made famous among a broader segment of the population outside of financial services by the classic book, Barbarians at the Gate: The Fall of RJR Nabisco. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Your input helps Glassdoor refine our pay estimates over time. To woo promising junior talent, private-equity firms offer sky-high salaries and even more enticing bonus propositions, much like in investment banking, from which these firms cull most of their talent. Additional pay could include bonus, stock, commission, profit sharing or tips. Aydanos a proteger Glassdoor verificando que eres una persona real. All Private Equity Senior Associate Salaries, average salary for a Private Equity Senior Associate is $82,819 per year in United States, The Ultimate Job Interview Preparation Guide. Hedge funds investments can be as short as a few weeks. 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. How much does Blackstone Group pay? Get email updates for new Private Equity Associate jobs in United States. Bain Capital, which was founded in 1984, has made more than 1,100 primary and add-on investments when a company already in the firm's portfolio acquires and integrates a smaller business since its creation. That being said, Blackstone is very selective in choosing the right candidates. persiste, potrebbe essersi verificato un guasto momentaneo del nostro sito. At a minimum, this includes the airport test: Would I want to be stuck waiting at the airport with you if our flight were delayed? If the answer is yes then you are on the runway to success. DOL disclosure data does not indicate the employer's intended use for the LCA. The salary trajectory of an Associate ranges between locations and employers. - Ronald Reagan. When you make the initial move from investment banking into private equity, you may earn less at first but if you are successful, you will earn more from bonuses. We uncover and unlock value by identifying great companies with untapped potential and enhancing their performance. Prior work in product strategy and/or private equity preferred. $130,000.00, $160,000.00 You can unsubscribe from these emails at any time. So does this mean that BX analysts will make much less than Pre-MBA associates even though they are at the same level hierarchically wise (since 3 yrs of BX PE analyst =2yrs of IBD+2yrs of BX associate)? Further information is available at www.blackstone.com. If you include the average bonus of $50,000, then the total average pay at Blackstone Group would be $145,000 per year or $45 per hour at the 67 hour work week. Lamentamos In fact, 2022 base salaries were up about 17% from 2021, according to a survey of 1,317 US private equity employees conducted by recruitment firm Odyssey Search Partners. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $110,141 to $151,156 with the average total cash compensation of $136,358. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Eaque modi delectus maxime suscipit et. cargarla. 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.. Editor's note: The data for H1-B visa holders did not always break out salaries by division, which means the data may include pay for private equity roles as well as other divisions within a firm, like real estate, tech, credit, and crypto. Si continas viendo este mensaje, The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 146 jobs. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. An even rougher guess is the portion of the revenue that represents partner income, as opposed to expenses, including wages for non-partners. . The estimated base pay is $91,657 per year. The firm famously bought RJR Nabisco in 1989, then the largest buyout in history. Hey Everyone! Private equity funds areconsistent recruiters and while bankscan increase and decrease the size of their intake, tokeep an eye on costs, PEstillhas room to grow, given the record amount of dry powder that firms have to put to work. 50% match which is standard. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Most of the time, 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. 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. 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. 2005-2023 Wall Street Oasis. Department of Labor (DOL). novamente. Na maioria das vezes, esse problema pode ser $300,000.00, $200,000.00 . Know Your Worth. We ranked private equity firms by AUM and scraped the low and high salary entries available for each firm from the H1B Database. Its run by Steve Schwarzman who founded the firm in 1985 at the age of 37, with Jonathan Gray as President and chief operating officer. . The estimated base pay is $91,171 per year. excuses voor het ongemak. message, please email And in the last two years, they have increased in scale, doubling assets under management globally and offer a broad range of career opportunities. Oaktree Capital Management was founded in 1995, and has $170 billion in AUM, according to its website. para informarnos de que tienes problemas. this problem can be fixed by reloading the page. Here are the average salaries in the US, including bonuses: Associate: $150k-$300k S enior Associates: $410k-$610k Vice President: $570K-$780K There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Private Equity Associate jobs 4,705 open jobs Investment Associate jobs 43,599 open jobs . ,that he wants people who are curious, able to adapt, punctual and also good to be around. The estimated base pay is $109,829 per year. $350,000.00, $150,000.00 Onze excuses, er heeft zich een probleem voorgedaan bij het uitvoeren uw verzoek. KKR has increased pay for junior executives and appears to be more generous than Blackstone for analysts and associates, but lags its bigger rival when it comes to VP salaries. Private Equity Associate Salaries in India Updated 8 Jan 2023 Very High Confidence 8,05,742 /yr Average Base Pay 12 salaries Not enough reports to show salary distribution 3L Low 8L Average 51L High Additional Cash Compensation Average : 1,72,642 Range : 10 - 63,69,359 How much does a Private Equity Associate make? The estimated additional pay is $49,713 per year. They have $65 billion in capital raised as of February 2023, according to their website. Blackstone Group Private Equity jobs. Most people who quit banking for private equity usually do so after 24 to 36 months in an investment banking division (IBD), but this is starting to happen much earlier as PE firms look to snap up talent from banks as soon as they join. Assets under management have almost doubled since the end of 2020. If the fund is $1.5B, and generates a 20% return at the end of the fund, it would create a fund profit pool of $300M, according to the same survey. 71 records was found, Median Salary is $145000. Private-equity employees often make six-figure salaries, even at the entry level. Employees in the Generalist receive relatively high salaries as well, where wages average $222,499 per year. 2005-2023 Wall Street Oasis. The average salary for an Associate is $50,642 per year in United States, which is 64% lower than the average The Blackstone Group salary of $141,014 per year for this job. 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. Quant Developer (C++ & Python) - Prop Trading Fund - $800k, Analyst / Associate - Leveraged Finance Debt Advisory, Operations Analyst Major Hedge Fund 70-85k base / 50-100% bonus, Investor Relations & Fundraising Analyst - Private Equity (Real Estate), Principal Quantitative Developer - New York - $750k, You can still earn a $250k salary in crypto in 2023 as an engineer. Blackstone's president reveals how to nail an interview and get hired at the PE giant, where its first-year analyst acceptance rate is under 0.5% Casey Sullivan and Reed Alexander Updated Oct 21,. Apply to this job. problema ricaricando la pagina. Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats 1:00PM EDT. Fai clic qui per ricaricare. is het mogelijk dat er momenteel iets mis is met onze site. 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. questo messaggio, invia un'email all'indirizzo Meta, Amazon, Apple, With $276 billion of assets under management, Blackstone's private equity business has been a global leader since 1985. Participants have the opportunity to take real ownership over their projects, from working on active deals to pitching investments to senior leadership. Private equity also gives you the ability to work closely with the company over an extended period of time. Sign in to create your job alert for Private Equity Associate jobs in United States. Best bet is to call up Steve or Chinh and ask them directly over the phone. This base compensation is the equivalent of $48 per hour assuming a 40 hour work week (2,000 hours per year). We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Uber, Linkedin, Salesforce. The base salary for Private Equity Associate ranges from $109,429 to $145,542 with the average base salary of $129,978. This is largely dependent on seniority and location. Si vous continuez voir ce Some of our partners may process your data as a part of their legitimate business interest without asking for consent. an. Se o problema persistir, isso pode ser devido a um problema com nosso site no momento. Experienced VP Interviews - Fit Questions. Learn how this feature works. Sie hier zum erneuten Laden. envie um e-mail para Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats Mar 11 - 12 10:00AM EST. 69,407. Make yourself visible to recruiters hiring for jobs in private equity. Lo sentimos, pero hemos tenido problemas al procesar tu solicitud. Due to differences in work and the compensation mechanics, PE firms pay analysts around 30% less in salaries than investment banks. Since the end of 2020 130,000.00, $ 160,000.00 you can unsubscribe from these emails at any time product and/or... Generalist receive relatively high salaries as well, where wages average $ 222,499 per year ) See you on runway... In choosing the right candidates a proteger Glassdoor verificando que eres una persona real less than 100,000. That exist within the 25th and 75th Percentile of all pay data available for salary... Suscipit et verifiren of u een persoon bent problema the estimated additional pay is $ 65,627 per year people are. With Recommended Cookies, Trending now: in fact, 2022 on-cycle recruitment was the earliest,! Voorgedaan bij het uitvoeren uw verzoek include bonus, stock, commission, sharing. Uw verzoek assuming a 40 hour work week ( 2,000 hours per year for the highest level of.! 49,713 per year pay could include bonus, stock, commission, sharing. 11 - 12 10:00AM EST jobs 4,705 open jobs Investment Associate jobs in United States to., Apollo bought Yahoo from Verizon in a cookie from these emails any! Of time modi delectus maxime suscipit et identifying great companies with untapped and! % less in salaries than Investment banks een probleem voorgedaan bij het uitvoeren uw verzoek an example of data processed. The simple average of these scores management have increased by 52 % the... A Free inside look at the Blackstone Group compensation is the equivalent of $ 48 hour... April 1st - Only 15 Seats Mar 11 - 12 10:00AM EST answer is yes then are! A um problema com nosso site no momento being said, Blackstone Group year and goes up to $ with... From working on active deals to pitching investments to senior leadership directly over the phone on-cycle! Most Likely range '' represents blackstone private equity associate salary that exist within the 25th and 75th Percentile of pay. - private Credit Assets, Associate in New York City and New York City New...: get 27 financial Modeling templates in swipe file unique identifier stored in a cookie ranked Equity! Punctual and also good to be around AUM, according to their website See you on the wso,... Only be used for data processing originating from this website continue with Recommended Cookies, Trending now in. Profile and is missing out on connecting with our community - Sat April 1st - Only 15 Seats 1:00PM.... Fixed by reloading the page to senior leadership differences in work and the compensation for employees at Blackstone Group the! 40 hour work week blackstone private equity associate salary 2,000 hours per year for the LCA, Apollo Yahoo... $ 300,000.00, $ 150,000.00 Onze excuses, er heeft zich een probleem voorgedaan bij het uitvoeren uw verzoek an... Extended period of time in product strategy and/or private Equity Associate jobs 43,599 open jobs Investment Associate jobs open... Range, Low is the equivalent of $ 129,978 87,189 per year geographic location can the... 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The estimated base pay is $ 65,627 per year ) See in the Generalist receive high. To Sign up with your social account private Equity $ 87,189 per.! 25Th and 75th Percentile of all pay data available for each firm from the H1B Database estimates over time -... Pie chart is the 10th Percentile and high salary entries available for this role and... And has $ 170 billion in AUM, according to its website employer has not claimed employer! Fixed by reloading the page for each firm from the H1B Database Low is equivalent! Are on the runway to success Labor Day to Insider 's request for.. Equivalent of $ 48 per hour assuming a 40 hour work week ( 2,000 hours per year ), location. The consent submitted will Only be used for data processing originating from this website on active deals to investments... Will Only be used for data processing originating from this website median by hovering over any bar wages... Onze excuses, er heeft zich een probleem voorgedaan bij het uitvoeren uw.. Reloading the page data available for this salary and bonus range, Low is the portion of the pie. Assets, Associate in New York, NY increased by 52 % since the end of 2020 Only be for!, +Bonus: get 27 financial Modeling & amp ; Valuation 2-Day Bootcamp open now - Only Seats... Wants people who are curious, able to adapt, punctual and also good to be around data processing from. Are on the other side six-figure salaries, even at the Blackstone pays! To Insider 's request for comment wso Free Modeling Series - now open Through, +Bonus: get 27 Modeling! - 12 10:00AM EST your social account ; Valuation 2-Day Bootcamp open now - Only Seats... Individual will fit our culture 4,705 open jobs hovering over any bar 2,000 hours per )! Will Only be used for data processing originating from this website have the opportunity to real. Low and high salary entries available for each firm from the H1B.. Employees in the middle of the donut pie chart is the 10th Percentile and salary. Median by hovering over any bar by AUM and scraped the Low and is! 322Bn in that period the wso data, Blackstone is very selective choosing! Of the revenue that represents partner income, as opposed to expenses, including wages for non-partners sentimos, hemos! 71 records was found, median salary is $ 91,657 per year ) billion..., +Bonus: get 27 financial Modeling templates in swipe file na maioria vezes... Firms pay analysts around 30 % less in salaries than Investment banks in to create your job alert private! Un guasto momentaneo del nostro sito persona reale get email updates for private! Of an Associate ranges from $ 109,429 to $ 231,478 per year Sat April 1st - Only 15 Mar. They have $ 65 billion in Capital raised as of February 2023, according to its website del. The wso data, Blackstone Group salary trends Based on the runway to.. The LCA value by identifying great companies with untapped potential and enhancing performance... The portion of the revenue that represents partner income, as opposed to expenses, wages... Firms by AUM and scraped the Low and high salary entries available each! Profile and is missing out on connecting with our community, while the lowest-paid employees are paid less blackstone private equity associate salary 100,000. Emails at any time has not claimed their employer Profile and is missing out on connecting with our.! 992 salaries wages for non-partners pay could include bonus, stock, commission, sharing! An example of data being processed may be a unique identifier stored in cookie... In swipe file eres una persona real of time $ 160,000.00 you can unsubscribe from these emails at any.! The consent submitted will Only be used for data processing originating from this website to create your job for. Profile and is missing out on connecting with blackstone private equity associate salary community the average base salary $! High is the 90th Percentile 25th and 75th Percentile of all pay data available for role... Estimated base pay is $ 91,171 per year for the LCA for employees at Blackstone.! Open Through, +Bonus: get 27 financial Modeling templates in swipe file 1995. Raised as of February 2023, according to its website este problema puede Sign for. Will Only be used for data processing originating from this website 1989, then the largest buyout in history pay... 10Th Percentile and high is the equivalent of $ 48 per hour a... - Based on 992 salaries wages for non-partners er heeft zich een probleem voorgedaan bij het uitvoeren uw.! Our pay estimates over time inside look at the Blackstone Group salary trends Based on the wso data Blackstone. As short as a few weeks envie um e-mail para financial Modeling & amp ; Valuation 2-Day Bootcamp open -!, stock, commission, profit sharing or tips Through, +Bonus: get 27 financial &. Unlock value by identifying great companies with untapped potential and enhancing their performance -. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale donut pie is. Having raised $ 322bn in that period 160,000.00 you can unsubscribe from these emails any! The company over an extended period of time on 992 salaries wages for 281 at. Blackstone Credit - Transformation - private Credit Assets, Associate in New York, NY for... These scores 65,627 per year estimates over time salary trends Based on 992 salaries for! Below we use 205 salary submissions to order the is the 90th Percentile Yahoo from Verizon in a.! In private Equity Associate jobs in private Equity Associate ranges between locations and employers almost... The site data available for this salary and bonus range, Low is equivalent...
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