PE / VC · C-Suite · 8 to 10 years typical
PE CFO (Fund Level) Salary
Annual base compensation, national and by market, from 258 named sources. Every figure below says where it came from.
| Market | Multiplier | P25 | P50 | P75 | P90 |
|---|---|---|---|---|---|
| New York City, NY | 1.40× | $385,000 | $530,000 | $740,000 | $1,030,000 |
| San Francisco, CA | 1.30× | $360,000 | $490,000 | $680,000 | $960,000 |
| Boston, MA | 1.25× | $345,000 | $470,000 | $660,000 | $920,000 |
| Palm Beach, FL | 1.25× | $345,000 | $470,000 | $660,000 | $920,000 |
| Miami, FL | 1.23× | $335,000 | $460,000 | $640,000 | $900,000 |
| Los Angeles, CA | 1.20× | $330,000 | $450,000 | $630,000 | $880,000 |
| Washington, DC | 1.20× | $330,000 | $450,000 | $630,000 | $880,000 |
| Seattle, WA | 1.15× | $315,000 | $430,000 | $600,000 | $850,000 |
| Chicago, IL | 1.05× | $290,000 | $395,000 | $550,000 | $770,000 |
| Dallas, TX | 1.00× | $275,000 | $375,000 | $530,000 | $740,000 |
Time to fill 14 weeks for comparable searches, estimated from rouka's benchmark set.
2024-2026: Increasing demand for CFOs with fund operations AND fund accounting expertise; ESG/impact reporting expanding role
What does a PE CFO (Fund Level) do?
The PE CFO (Fund Level) 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 8 to 10 years of relevant experience. Classified at the C-Suite level, this position draws from a very tight candidate market with an estimated pool of Limited (~400-500 globally) qualified professionals, making targeted sourcing and competitive compensation critical for successful placements.
What drives PE CFO (Fund Level) compensation?
The median (P50) compensation for a PE CFO (Fund Level) is $375,000, with the 25th to 75th percentile range spanning $275,000 to $530,000. 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 8% year-over-year growth, which is putting upward pressure on compensation at all levels.
PE CFO (Fund Level) career path
Professionals who move into PE CFO (Fund Level) 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 7 years, with an annual turnover rate of 12%.
Hiring a PE CFO (Fund Level)?
A search playbook for this seat: compensation positioning against the band above, the sourcing map, and the interview framework.