MM&K’s 2020 Survey of PE, VC and Infrastructure pay will be essential reading for HR and reward professionals in the sector
We are seeing many PE and infrastructure fund management firms recruiting right now, suggesting that there are likely to be some interesting movements in compensation levels in this sector during 2020, particularly at the investment director, associate and analyst levels.
Access to reliable data will rarely be so important for HR and reward teams as it will be this year.
MM&K is again this year, for the 26th year in a row, running its annual Survey of PE, VC and Infrastructure Investment Managers’ compensation levels and practices. The Report comes out in early October and is available to purchase from then for participating firms only. All participants receive the Executive Summary of the Survey findings, but we charge a small fee to firms that wish to purchase the detailed report (which runs to 85 pages).
Last year was a successful year for our European Survey, with 44 houses participating and providing data on over 1,700 incumbents. Our sister survey in America had c. 100 participating firms.
The Survey is completed by the investment houses themselves and covers 47 investment and non-investment roles in a range of alternative asset management strategies, including:
Not only does the Survey go into great detail on salary, benefits, bonus and carry participation levels for each incumbent, it also gathers really useful information on bonus and carry design structures, performance metrics and staffing levels, as well as wider trends in the whole area of HR and reward in these industries.
All the signs are positive that this year will be another successful year for the Survey. We have already had circa ten new firms indicating to us that they will be participating in 2020 in addition to the 44 firms which participated last year.
Firms need to know what the market is doing if they are to attract and retain their best talent.