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As of August 01, 2026, the average salary for a Private Equity Fund Manager in Illinois is $128,770 per year, which breaks down to an hourly rate of $62.
However, a Private Equity Fund Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Private Equity Fund Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $141,102 | $11,758 | $2,713 | $68 |
| Average | $128,770 | $10,731 | $2,476 | $62 |
| 25th Percentile | $115,446 | $9,620 | $2,220 | $56 |
Hispanic Alliance for Career Enhancement - Chicago, IL
BMO U.S. - Chicago, IL
GCM Grosvenor - Chicago, IL
Barings - Chicago, IL
A Private Equity Fund Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Private Equity Fund Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Quality A... Level Private Equity Fund Manager | $128,986 |
| Quality A... Level Private Equity Fund Manager | $156,116 |
| Private E... Level Private Equity Fund Manager | $131,547 |
| Quality A... Level Private Equity Fund Manager | $166,576 |
| Quality A... Level Private Equity Fund Manager | $203,073 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Private Equity Fund Managers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Private Equity Fund Manager roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Telecom and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Private Equity Fund Manager positions in Transportation or Software & Networking typically offer lower base pay, as these industries often view Private Equity Fund Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Telecom | $193,155 | $93.0 | 50% |
Understanding how a Private Equity Fund Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $141,102 | $11,758 | $2,713 | $68 |
| Average | $128,770 | $10,731 | $2,476 | $62 |
| 25th Percentile | $115,446 | $9,620 | $2,220 | $56 |
Ready to take the next step in your career? Browse thousands of current Private Equity Fund Manager job openings on our job board. Use the search bar below to find your perfect match.
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Aveanna Healthcare is seeking a compassionate Private Duty Nurse to provide one-on-one skilled care to patients in the comfort of their homes. In this role... more
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Interim HealthCare
BRAXTON, IN
Interim HealthCare | BRAXTON, IN
Interim HealthCare seeks a compassionate 1:1 Private Duty Nurse for 12-hour home-based shifts. In this role, you’ll provide continuous bedside nursing care... more
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Interim HealthCare
MARENGO, IN
Interim HealthCare | MARENGO, IN
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Aveanna Healthcare
MARINGOUIN, LA
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