Private Equity
Stephen Schwarzman likes Paris. How about you? : Earlier this year, we asked people in finance how happy they were with their pay. A 23 year-old working in a small/mid cap private equity fund in Paris responded to say he was very unhappy. At just €50K, including salary and bonus, he said his pay was paltry. Worse, he complained of high taxes and high living costs. He was, he said, €20k short of what was necessary to get by.

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