{"id":280276,"date":"2023-08-28T16:43:00","date_gmt":"2023-08-28T23:43:00","guid":{"rendered":"https:\/\/jthelander.com\/?p=280276"},"modified":"2023-08-28T16:43:00","modified_gmt":"2023-08-28T23:43:00","slug":"does-smaller-aum-equal-less-compensation","status":"publish","type":"post","link":"https:\/\/brightturn.io\/?p=280276","title":{"rendered":"Does Smaller AUM Equal Less Compensation?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Thelander surveys are constantly evolving to keep up with the ever-changing market. We are excited to announce that our total assets under management (AUM) filter has expanded to include the lower categories of:&nbsp;Less than $25 million, $25 &#8211; $49.9 million, $50 &#8211; $99.9 million,&nbsp;$100 &#8211; $249.9 million&#8230; all the way up to $7 billion +.<br><br>August&#8217;s Thelander Digest takes some of this data for a spin, and examines how compensation for investment professionals looks under $100 million in total AUM. Let&#8217;s dig in!<br><br><strong>Chart 1<\/strong>&nbsp;shows the median total cash for investment professionals from managing general partner to associate. It splits them up into two groups by AUM: less than $50 million and $50 &#8211; $99.9 million.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The median total cash increases for each position as the AUM increases,\u00a0<strong>except<\/strong>\u00a0for the associate position.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image img-border\"><img decoding=\"async\" src=\"https:\/\/jthelander.com\/wp-content\/uploads\/4a9a8f7c-d741-2a18-bc2b-80e437cfd6ed.png\" alt=\"Investment Professional Median Total Cash\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Chart 2<\/strong>&nbsp;shows the median carried interest percentage for investment professionals from managing general partner to associate. It&#8217;s split by less than $50 million and $50 &#8211; $99.9 million in total AUM.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The median carried interest percentage doubled for managing general partners and senior\u00a0partners when moving from under $25 million to $25 &#8211; $49.9 million in total AUM.<\/li>\n\n\n\n<li>There was a slight increase for managing director \/ partners and directors \/ principals. However, we\u00a0see\u00a0a slight decrease for senior associates and associates.\u00a0<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image img-border\"><img decoding=\"async\" src=\"https:\/\/jthelander.com\/wp-content\/uploads\/6b5d151d-91dd-9863-d0b1-f7eb1ab72890.png\" alt=\"Investment Professional Median Carried Interest\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Chart 3<\/strong>&nbsp;looks at data for&nbsp;venture capital firms only.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>When adding on the extra filter of venture capital firms, we saw that the median total cash did not shift dramatically.\u00a0<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image img-border\"><img decoding=\"async\" src=\"https:\/\/jthelander.com\/wp-content\/uploads\/31367d42-866e-338e-8ef2-06b4107005f6.png\" alt=\"Investment Professional Median Total Cash\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OUR FINDINGS:\u00a0<\/strong><br>So, does smaller AUM mean less compensation for some positions?\u00a0The answer is clearly,\u00a0<strong>YES!<\/strong>\u00a0<\/p>\n\n\n\n<p class=\"has-text-align-center btn-post wp-block-paragraph\"><a href=\"https:\/\/survey.jthelander.com\/surveys\/2\/\" target=\"_blank\" rel=\"noreferrer noopener\">Participate In The Investment Firm Compensation Survey Here for More Compensation Data<\/a><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>The&nbsp;<strong>Thelander Digest&nbsp;<\/strong>is powered by the Thelander Investment Firm Compensation Survey &amp; Online Platform. Thelander has been surveying the private capital market for more than 25 years. The result? An,&nbsp;<strong>interactive platform&nbsp;<\/strong>with&nbsp;<strong>real-time&nbsp;<\/strong>data on base salaries, actual &amp; target bonuses, total cash and carried interest for more than 65 positions. When you participate in the Thelander-PitchBook Investment Firm Compensation Survey&nbsp;<a href=\"https:\/\/survey.jthelander.com\/surveys\/2\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>, you can trial the platform and see how your compensation compares to market for a subset of jobs &amp; upgrade at a discounted price.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Thelander surveys are constantly evolving to keep up with the ever-changing market. We are excited to announce that our total assets under management (AUM) filter has expanded to include the lower categories of:&nbsp;Less than $25 million, $25 &#8211; $49.9 million, $50 &#8211; $99.9 million,&nbsp;$100 &#8211; $249.9 million&#8230; all the way up to $7 billion [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5,3],"class_list":["post-280276","post","type-post","status-publish","format-standard","hentry","category-newsletter","tag-investment-firm","tag-newsletter"],"_links":{"self":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/posts\/280276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=280276"}],"version-history":[{"count":0,"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/posts\/280276\/revisions"}],"wp:attachment":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=280276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=280276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=280276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}