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Top 10 posts

Trending on peHUB this week: the secrets to a successful PE career, fallout from SEC examinations of PE funds, and job openings at Allstate, Carlyle and Credit Suisse.

Photo of Henry Kravis by Shannon Stapleton of Reuters
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KKR founders made more than $160 mil each last year

(Reuters) – KKR & Co LP‘s founders Henry Kravis and George Roberts received $161.4 million and $165.5 million, respectively, in cash dividends and executive pay in 2013, over 17 percent more than they got in 2012, according to a regulatory filing.

Top 10 Posts Tackle Terrible Startup Names, Energy Funds and Stepped Up M&A

Time to catch up on the stories your colleagues found most compelling on peHUB this week. Here are the top 10 posts that garnered the most pageviews from regular readers from Oct. 31 to Nov. 4.

ONE: Seven Terrible Startup Names, and One Really Great New Oneby Connie Loizos
TWO: Slideshow: 5 Top PE Firms In Energy & Power (subscribers only) – by Bernard Vaughan
THREE: M&A Is Heating up; Here Are the Top 10 VC-Backed M&A Deals for Q3 (slideshow)by Lawrence Aragon
FOUR: Shindig Photos: Lookin’ Good, San Francisco! (subscribers only) – by Lawrence Aragon
FIVE: Slideshow: After a Lull, Are IPOs Back on Track?by Jonathan Marino
SIX: Third Quarter’s Gloomy Headlines Aside, Venture Investing Shows Long Term Stability: Slideshowby Mark Boslet
SEVEN: Why VCs Should Be Startup CEOsby Steve Blank
EIGHT: Infographics: Where To Make The Big Bucks In PE/VCby David Toll
NINE: Here’s How VCs Did on Groupon Investment of ‘Like a Billion Dollars’by Lawrence Aragon
TEN: Flowers Stands to Lose Only $47.8M from MF Global, Source Saysby Luisa Beltran

Week’s Top 10 Posts Focus on Steve Jobs, Returns at UTIMCO and Euro FoFs Entering U.S.

Time to catch up on your reading. Here are the 10 most popular posts among peHUB’s regular readers for Oct. 3 to Oct. 7.

One: Slideshow: UTIMCO in 17 Active Funds with IRRs > 25%by Lawrence Aragon
Two: Union Square, Other Early Stage Tech VCs Kick Ass for UTIMCO (slideshow)by Lawrence Aragon
Three: Slideshow: European Fund-of-Funds Build Up U.S. Officesby Angela Sormani
Four: Slideshow: PE-Backed M&A Jumps in Q3 and Here’s the Top 5 Dealsby Luisa Beltran
Five: Slideshow: More LBO Targets in the CRO Marketby Bernard Vaughan
Six: Promising Portfolios: Asset Values Top Contributed Capital In Recent Cal Regents Venture Funds (Slideshow)by Mark Boslet
Seven: Infographic: PE vs. VC in Battle of Compensationby David Toll
Eight: How Will You Remember Steve Jobs?by Lawrence Aragon
Nine: Comvest Group Lands $580M Fundby staff
Ten: A Pension Fund Does Away with the Middleman: the VCby Connie Loizos

Dangling $900K in Pay and Bonuses, Virginia Poaches Oregon’s CIO

When a large public pension fund dangles $900,000 in potential compensation in front of applicants, it gets a lot easier to lure top talent.

That is exactly what the $51 billion Virginia Retirement System did when it announced it hired Ronald Schmitz (pictured) as its chief investment officer, replacing Charles Grant, whose contract expired in August. Schmitz is scheduled to start at the end of October.

Schmitz was hired away from the $60 billion Oregon Public Employees Retirement System, where he has been chief investment officer since 2003. Prior to Oregon, Schmitz had a similar role at the Illinois State Board of Investment.

Dear Joe Dear: What Do You Make at CalPERS?

The buttons have been hot in California during the frustratingly slow economic recovery, especially on the issue of public pensioners getting more than $100,000 per year in retirement. Even though six-digit pensions go to about two percent of California public sector retirees, the message, it seems, is that those working for the state should not get large pensions, or salaries, no matter what talents or responsibilities they bring to their jobs.

So, what about the guy who manages the $232 billion pension fund? Joe Dear, who oversees investments for the California Public Employees’ Retirement System was paid $548,142 in 2010, according to new salary disclosures released Tuesday by California’s comptroller, John Chiang. That made him the sixth highest-paid person on the California payroll. Dear’s 2010 salary would greatly exceed that of Gov. Jerry Brown, who will earn $173,986 in 2011, according to the California Citizens Compensation Commission. That, by the way, makes Brown the seventh-highest paid governor in the country. (Former Gov. Arnold Schwarzenegger didn’t accept a salary in 2010.)

Question of the Week: Are PE Execs Overpaid? — UPDATED

Create your free online surveys with SurveyMonkey, the world’s leading questionnaire tool.

This week FINS reported that buyout shops are raiding investment banks for relatively inexperienced analysts. Buyout shops typically pick up execs from two-year analyst programs at IBs. But this year, PE firms are scooping up candidates less than a year after they graduate from college, according to FINS.

These fresh grads are getting good money. Recent offers for analysts guarantee $220,000 to $250,000 a year, though highly coveted workers are getting more than $300,000, FINS says.

This made me wonder: With lower-tier employees taking home such big paychecks, how much are PE executives making?

Stephen Schwarzman, the Blackstone Group’s chairman and CEO, earned

At Startups, Salaries May Be Rising for Engineers But Not Execs

Earlier this week, I had the chance to catch up with Jeff Markowitz, the managing partner for Heidrick & Struggle’s venture capital practice. I wanted to talk about pay at startups, which VCs tell me is on the rise, along with valuations. We wound up talking about execs’ renewed faith in equity, where the jobs […]

04172014countingmoney

Let’s talk turkey: compensation

Feeling underpaid should be a signal to you to look closely at the position you’re in, the firm you’re at and your overall career objectives. While it may just be about the money, perhaps there’s really more that needs to be evaluated in your next move to make sure you’re satisfied with your career.

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