Tenth Annual Venture Capital / Private Equity Compensation Survey
This survey is to keep you and your peers informed about the
compensation levels and trends in the industry. Please help by filling this
form out completely and accurately. Those who respond will get
preferential access to the survey results.
To see the past results,
click here.
Email addresses collected will not be associated with surveys.
Results will be distributed on or about December 1, 2008 by email.
Firm:
(Section 2 of 4)
Type of Firm
Investment Focus (Hold "Ctrl" and click to
choose multiple selections)
Preferred stage of investment (Hold "Ctrl"
and click to choose multiple selections)
Fund size (most recent fund
only):
$
million
Total assets under management:
$
million
Total number of investing professionals
professionals
Location (where you are based)
Compensation: (Section 3 of 4)
2008
2007
Title
Currency
If your currency is not listed, please fill
in using USD
(Must use same currency)
Annual Salary
(in
thousands)
,000 per year
,000 per year
Expected Annual
Bonus
(in thousands, not incl. carry)
Since titles do
not always reflect responsibility, please select the level that most
closely describes your responsibilities:
1. Senior partner: Manager at the top of firm; responsible for
strategic direction, managing LP relationships and firm-wide
operations.
2. Partner: Proven at making money from investments.
Experienced
deal-maker and board-member. Votes on all firm investment
decisions.
3. Junior Partner/Principal/VP: Investment professional with early experiences of doing deals and
holding board seats. Leads and manages deals for the firm. Money
making ability not yet proven.
4. Senior Associate: 'Partner in training'; Responsible for
generating deal flow, analyzing companies and business plans,
conducting due diligence. Works closely with the
portfolio. Develops proprietary network of contacts for due
diligence and deal flow generation. MBAis a likely qualification.
5.Associate / Analyst: Responsible for generating deal flow, analyzing companies
and business plans, conducting due diligence.
2008
2007
Level
Length of vesting
(years)
-- Total, including already
vested amount
Firm provided or sponsored
leverage on fund commitment
(%)
%
You: (Section 4 of 4)
All information submitted in this
survey will be kept anonymous -- your name or email address will
never be associated with any information released by
VCComp. However, we require your email address and firm name
to audit the results. In order to validate the results, your
email address must belong to a known venture, private
equity or corporate fund.
Your survey submission cannot be used without this
information, and you will not receive preferential access to the
results.
Email address -- Must
match firm name; please see above
Firm Name
Please do not use my
firm name in the list of firms participating (Please select this
only if absolutely necessary. Also, see below):
If more than one person from your firm submits information,
your firm name will be used. This option is only to
protect the "lone associate" at a firm.
Remember that checking the box decreases the power of the
survey.
Version7.0 updated
October 02, 2008
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Carry
calculation
To calculate the 'value' of your carry, multiply your points of carry
by the size of the fund.
E.g., if Steve has 5 points (or 25% of the GP, assuming
20 points of carry) on a $100 million fund, Steve's carry is worth $5
million.
Leverage
This is the percentage (%) of your equity
commitment (to get your carry) that your firm (or a bank with
which your firm has made arrangements) will provide a loan for.
E.g., if Steve has 5 of 20 points on a $100 million fund and the GP has
made a 1% equity commitment, his equity commitment to the fund is $250
thousand. If the firm provides a loan of up to $200 thousand, the
leverage percentage is 80.
