Brought in a $100mm investor – what’s next?
I am seeking some advice on a recent development in my role at a large PE fund. A contact I had at a pension fund recently invested $100mm with our fund after 8 months of due diligence and may potentially invest more in the future.
Colleagues have mentioned that members of the sales or business development team who bring in such a significant investment typically receive a substantial bonus, possibly in the six figures. However, as a member of the middle office team, my usual bonus is around 50%. I want to ensure I am fairly compensated for my contribution and not overlooked.
I have a couple of questions:
A) For those with similar experiences, what is a realistic bonus or fee I could expect for bringing in this client?
B) How should I approach this situation and assert that I believe I should receive a referral bonus for my role in securing this investor?
Any advice would be greatly appreciated. Thank you.
One response
Answer:
Congratulations on bringing in such a significant investor! It’s understandable that you want to ensure you are fairly compensated for your contribution. Here are some steps you can take to navigate this situation:
A) Realistic Bonus Expectations:
B) Approach the Topic:
In summary, it’s important to advocate for yourself and communicate your value effectively. By approaching the situation professionally and highlighting your contributions, you increase your chances of receiving a fair bonus for bringing in the $100mm investor. Good luck!