PE / VC · Associate

Fund Accountant (PE) Salary

Compensation benchmarks from 255 verified sources including industry surveys, published reports, and market intelligence.

National Compensation Range

P25

$70,000

25th percentile

P50

$100,000

Median

P75

$150,000

75th percentile

CANDIDATE MARKET

Competitive

Scarcity: 4.5/10

EST. CANDIDATE POOL

Large (~800-1200 per cycle)

Active candidates nationally

DEMAND TREND

Stable

5% year-over-year

RETENTION

3.5 yr avg tenure

18% annual turnover

Fund Accountant (PE) Salary by City

New York City, NY$140,000
San Francisco, CA$130,000
Palm Beach, FL$130,000
Boston, MA$125,000
Los Angeles, CA$120,000

Median (P50) adjusted for metro cost of labor.

Market Trends

Stable demand; insourcing trend as funds bring fund admin in-house

Also Known As

PE Fund Accountant, Fund Accounting Associate, Private Equity Accountant, Investment Fund Accountant

What Does a Fund Accountant (PE) Do?

The Fund Accountant (PE) operates within private equity firms, venture capital funds, or growth equity platforms, working alongside managing partners and portfolio company leadership. Professionals in this role typically bring 3 to 6 years of relevant experience. Classified at the Associate level, this position draws from a competitive candidate pool, though specialized qualifications and sector-specific experience remain key differentiators in hiring.

What Drives Fund Accountant (PE) Compensation?

The median (P50) compensation for a Fund Accountant (PE) is $100,000, with the 25th to 75th percentile range spanning $70,000 to $150,000. The 80% spread between P25 and P75 reflects significant pay variation driven by fund size and stage, carry allocation, deal volume, geographic market, firm reputation, and whether the role involves direct deal execution or portfolio operations. Demand is holding stable, with compensation levels expected to track broader market adjustments.

Fund Accountant (PE) Career Path

Professionals who move into Fund Accountant (PE) roles most commonly come from investment banking, management consulting, corporate development, or operational roles at portfolio companies. From this position, the typical trajectory leads toward partner-track advancement, portfolio company C-suite placements, or launching their own fund. The average tenure in this role is approximately 3.5 years, with an annual turnover rate of 18%.

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