Top Crossover Compensation

I'm an incoming MF PE analyst (ignore title I'm too lazy to update it) and am thinking about going to a crossover was curious if anyone had any actual data points on what comp looks like at the following shops: Greenoaks, Dragoneer, Coatue, Lone Pine, Altimeter, D1, Durable. 

 

High but very variable — I’m gonna guess by the names that you’re at a tech MF or on a MF tech team? If so, I really think unless you’re super passionate about public markets that the risk adjusted economics are better in PE in the long term.

Would love any input from someone more experienced, but I feel like the model of investing in public and private just seems more inefficient than doing one or the other. I don’t think a crossover would perform as well as a top growth shop in private markets and probably the same in public markets vs other funds that live shit and breathe public equities. What’s the huge appeal of these places especially on WSO?

 

Yeah, I'm doing tech PE and of course, economics and comp are great, but after my summer I found it a little too bureaucratic and boring for my liking. I want some more autonomy, a more flexible mandate, and higher comp if possible. Also, I've heard, and feel free to correct me if I'm wrong, that if you're doing both privates and publics at the crossovers you're only doing long-only for the publics because the independent publics team will do the long/short investing. Candidly, since I'm not someone who jerks it to the market like that I thought it would be fine if only like 25% of my time is spent on publics with a 2-5 year time horizon. 

Also, yeah I completely see what you mean in terms of the performance of these crossover shops, I am just really interested in the comp first off and how flexible the mandate is but maybe I'm being short-sighted. 

 

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