Some 74% of private equity fund managers raised base salaries firmwide an average of 7% between 2014 and 2015, said a Preqin survey of nearly 200 private equity firms released Thursday.
Fourteen percent of private equity firms increased base salaries by more than 10%.
Performance-related cash bonus payouts increased at 46% of firms of the firms surveyed in 2014, up from 26% that raised bonuses in 2014. The median bonus payout increase in 2014 was 20%; only 16% of firms decreased cash bonuses.
This year, 76% of surveyed firms plan to increase their base salaries for 2016, 22% plan no change and 2% anticipate reducing base salaries next year.
Private equity firms in the Asia-Pacific region employ the most women, with a median of 40% of total staff. Private equity firms in Europe employ a median of 35% women, while in the U.S., women represent a median 33% of total staff. In South America-based firms, women represent 15% of total staff.
Separately, global private equity fundraising so far this year is $362 billion, compared to $552 billion for all of last year. The highest global private equity fundraising year on record was 2008, when private equity funds raised a total of $688 billion, Preqin data show.
