Investment Firm Salary Increases for 2026
Welcome back to the Thelander Compensation Digest. As we wrap up 2025, here is a sneak peek at the results from our Salary Increase & Bonus Survey with PitchBook. Noteworthy is the cost of living increase as a factor for salary increases, which ties directly to market conditions. Find out more below! The percentage of […]
The State of Gender Compensation in VC
This month, we are digging into gender compensation data among partners and non-partners at venture capital firms. The compensation of the 3,905 total employees whose gender was indicated in our 2025 Thelander-PitchBook Investment Firm Compensation Survey was: So, what’s the breakdown in venture at firms with less than $1 billion in total AUM? Male partners […]
Are Bonuses A Part of Your Total Compensation Program?
This month, we are digging into bonuses. For investment firms, bonuses can come in a couple of forms: According to the PitchBook – NVCA Q3 Venture Monitor Report, “GPs are exploring ways to generate distributions. The use of secondaries continues to grow, and new ways to use continuation-style vehicles are starting to enter the market. Now, […]
Do Life Science Investors Get Paid More Than Tech Investors?
Thelander data compares cash compensation and carried interest for life science vs. tech investors by AUM. See how investment focus impacts Managing Director/Partner pay in 2025.
How Investment Firms Are Using AI: Data from the Thelander AI in VC Survey
This month, we are giving you an exclusive look at the results from the AI in VC Survey. Many investment firms are already getting support from AI, but how far does this extend? Key job roles, especially in fields like investment management, are not looking like they will be replaced by AI. There’s too much knowledge, experience […]
CEO Compensation in Digital Health, Biotech and Tech
“When you’re building a company, there’s always the question of how much should you pay yourself. The best way to answer that question? Look at actual data.” – Halle Tecco We teamed up with Rock Health Founder, Halle Tecco, to look at what digital health CEO compensation looks like in 2025, how it has changed over […]
Emerging Investment Firms Show Compensation Growth for Key Players
How is compensation for investment professionals stacking up so far for 2025? Using one of our newest platform enhancements, year over year compensation trends, we are going to dig in and see how the median total cash has changed for investment professionals since 2023. YoY Median Total Cash, Less than $250 Million in AUM Key […]
Intern Pay Benchmarks: How Are Investment Firms Compensating Pre-MBA Analysts?
Recent Thelander IF Digests have focused on the mix of cash and carried interest at high levels within a firm. But adequately compensating analysts in entry-level roles creates consistency, paves a path for career growth and, ultimately, strengthens your firm from the inside. With summer in full swing, college students and new graduates are looking to […]
How Fund Size Affects Compensation at Investment Firms: Cash and Carry by AUM
Total compensation plays a critical role for investment firms and their teams. Retaining talent is important for firm stability, consistency with LPs as well as portfolio company relationships. As firms grow and expand their assets under management (AUM), the mix of cash and carried interest changes – and staying on top of market data and […]
How Much Do Investment Firms Spend on Payroll?
This month, we are excited to dig into new data on payroll costs for investment firms based on assets under management (AUM). Curious about firm structure and how it relates to compensation based on firm size? Check out last month’s digest here. And if you want to gain access to additional exclusive data, completely free, along with discounts […]