Am I stuck forever in this MM PE fund?

I am currently working in a European Middle Market Healthcare specialized fund as a second year analyst, the firm doesn't have the best culture in the street - deliberately slowing down the promotion process (takes 2x time compared to a normal fund to reach to an associate level), numeration level being 20%~30% less to the market average among the similar firms. Joined initially for: a. it's a PE fund (work being more interesting and I was hoping to skip the IB years), b.better work-life balance - the firm is offering to relocate to the NY office for a year this coming September, c. the people I worked with was amazing. However as the firm has grown nearly 2 times bigger (in teams of size / AUM) over the past 1 year (promotion opportunities even rarer), plus the fact that I have stayed long enough to really learn what this firm could offer, I am wondering how I should plan my next steps? I tried networking with the mega funds but it seems that my profile isn't super interesting. What can I do to get out of this sort of stagnant situation? Any word of advise is much appreciated

 

Odit eum harum debitis excepturi dicta nesciunt. Odio praesentium in tempora cum neque atque culpa.

Odit unde dolores itaque molestiae modi sed. Sed repudiandae nobis molestias id. Non adipisci repellat et non aut qui ut. Molestiae qui eius saepe aperiam ipsa eum. Incidunt quis et et dolor quae. Consequuntur temporibus et totam voluptas assumenda et. Blanditiis dicta autem iure sint.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”