PE / VC · Manager

Fund Controller (PE) Salary

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

National Compensation Range

P25

$135,000

25th percentile

P50

$195,000

Median

P75

$265,000

75th percentile

CANDIDATE MARKET

Tight

Scarcity: 6.5/10

EST. CANDIDATE POOL

Moderate (~400-700 globally)

Active candidates nationally

DEMAND TREND

Stable

10% year-over-year

RETENTION

5 yr avg tenure

10% annual turnover

Fund Controller (PE) Salary by City

New York City, NY$275,000
San Francisco, CA$255,000
Palm Beach, FL$255,000
Boston, MA$245,000
Los Angeles, CA$235,000

Median (P50) adjusted for metro cost of labor.

Market Trends

Growing as fund structures become more complex; waterfall and carry accounting expertise premium

Also Known As

PE Fund Controller, Controller (Private Equity), Fund Accounting Controller, Financial Controller (PE Fund)

What Does a Fund Controller (PE) Do?

The Fund Controller (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 7 to 12 years of relevant experience. Classified at the Manager level, this position draws from a tight candidate market with an estimated pool of Moderate (~400-700 globally) qualified professionals, making targeted sourcing and competitive compensation critical for successful placements.

What Drives Fund Controller (PE) Compensation?

The median (P50) compensation for a Fund Controller (PE) is $195,000, with the 25th to 75th percentile range spanning $135,000 to $265,000. The 67% 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 for this role is trending upward with 0.1% year-over-year growth, which is putting upward pressure on compensation at all levels.

Fund Controller (PE) Career Path

Professionals who move into Fund Controller (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 5 years, with an annual turnover rate of 10%.

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