This year, we’ve seen a moderation of sorts in the growth of both private equity compensation expectations and satisfaction. While 2014 may not have been as strong of a year as we’ve seen in the recent past, this more moderate pace of growth may be more sustainable in 2015 and offers optimism that above average prospects may continue for some time.
Across the board this year, we found that most of our private equity and venture capital survey respondents were expecting an increase in their bonuses. Gains in incentive compensation were particularly strong for those in large private equity firms and managing large funds, and for those in the most senior levels of the organization. The alignment between fund performance and individual bonuses was not as close this year, reflecting some potential alterations in the drivers of incentive compensation.
