If you were wondering how big a year it was for buyout shops, here’s your answer: partners at mega-funds were paid an average of $2.7 million this year. That’s up 8 percent from the prior year, according to a report by recruitment company Glocap and Thomson Financial.
But before anyone calls them overpaid, take a look at the numbers below. Relative to increases for their junior colleagues, that was a modest raise for PE partners.
For mega-funds, or those with over $5 billion in assets, below is the total average compensation by title for 2007 (with increases over 2006), according to the report:
| Title | Compensation |
| Associate | $290K (up 22 pct) |
| Sr Associate | $419K (up 9 pct) |
| Vice President | $660K (up 8 pct) |
| CFO | $672K (up 13 pct) |
| Principal | $848K (up 11 pct) |
(Image: Blackstone CEO Stephen Schwarzman in 2007. Reuters file)
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