Private Equity Business Development Directors
Overview
Introduction
Business development directors generate investment opportunities and ensure a steady flow of deals for private equity (PE) firms. This career requires a combination of business, sales, communication, and interpersonal skills, as well as comprehensive knowledge of private equity fund-raising. Business development directors may also be called deal generation professionals.
Quick Facts
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
Business development professionals at private equity firms earned average annual salaries of $75,499 in June 2020, according to ZipRecruiter.com. Top salaries reached $129,500 or more. Salaries on the other end of the spectrum were as low as $13,500.
Private equity business development directors usually receive benefits such as paid vacation and sick leave, health and life insurance, and...
Work Environment
Business development directors work in well-lit, modern offices. They spend much of their day on the phone with investors or traveling to meet them at their offices or hosting them at social events. This work can be interesting because you constantly meet new people and rewarding when you are able to keep the deal pipeline flowing with new investments. On the other hand, it can be stressful and...
Outlook
The U.S. Department of Labor (DOL) does not provide an employment outlook for business development professionals, but it does report that job opportunities for the related occupations of securities, commodities, and financial services sales agents are expected to grow by 7 percent (faster than the average) from 2023 to 2033.
“The demand for valuable business development professionals is ...