I have 3-4y experiences currently in the sell-side after university, but no HF experience

fund's AUM is ~1-2.5B USD

will be relocating from another country for this role

I also thought the offer is on the low side but not sure how much room there is to negotiate, they seem pretty firm on this number when we talked about numbers

no idea what total comp is, but team has 1 PM and 4-5 analysts

 
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As others have said total comp matters a lot more, so you should get clarity in that. 
 

most places will be ~100% of base as bonus. And as was pointed out $200k is fine, below the top funds, but ok for a first year. 
 

different funds will tweak the base numbers depending on how they want to pay you out, so a base number by itself isn’t all that useful. 
 

you should be targeting 200-300k all in (I would say that is average for a good fund as a first year). 

 

i am an experienced hire with 3-4y experience outside of HF, so this number looks a bit low to me but I don't have any guidelines on the bonus

 

Credit/distressed fund 3-yr exp all-in last year 320k US equiv . Differs a wide range fund by fund. I know a guy who made PM at 26 if you consistently make profitable trades.

 

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