Local PE salaries finally at par with Hong Kong as pay inches up

China and Australia boast the fattest paychecks.

Private equity professionals in Singapore enjoyed higher pay in 2015, according to the Asia Pacific Private Equity Compensation Survey by Heidrick & Struggles.

"Regional hubs Hong Kong and Singapore reported similar compensation levels. This is a shift from our previous surveys, where professionals in Singapore reported lower compensation than those in Hong Kong," the report said.

Of all respondents, those based in mainland China reported the highest total compensation compared to their peers elsewhere in the region, followed by Australia.

“In our own recruitment work, we have found that professionals with a strong track record of investing in China can command higher salaries than those elsewhere in the region,” said the report.