Thanks – yeah I accepted the offer on the spot. It was a more reflective question of whether I made the right choice. I think I did. It just isn’t the best knowing I’ll be getting paid $70k less a year than my peers in IB/Smaller funds. Think my fund is just cheap. Oh well!

If you’re actually serious (hard to tell online), I think you would be crazy to turn down a good on-cycle offer because you would earn slightly more in IB or at another PE firm. You’re taking a huge chance because you may not get another offer from the firms that are still recruiting, which means you then have to stay in IB for another year… and then when you interview again, you may or may not get another offer as good as this one.

On cycle PE started – got an offer and signed the first night – latest fund is ~$10bn. You’re guides were instrumental. Was super exited.

However, my base is $130, with $150k target bonus, so $280k all in. I’m seeing many other kids getting $350k all in, and if I stayed in banking, my base would be $175k, with a $150k bonus.

I know I’m in a great spot/very fortunate- but am I getting shafted on pay? I’m mainly interested in comp (wouldn’t have been happy staying in IB), so not sure if I made the right decision signing.

What are your thoughts?