STG Partners
Any thoughts on Symphony Technology Group? From an associate perspective, what is the pay, prestige, potential lateral exits, returns, etc.
Trending Content
| +171 | PE Recruiting Prep Guide - 2024 | 21 | 3h | |
| +124 | Vista vs Thoma Bravo | 58 | 9h | |
| +46 | What is Synthetic PIK??? | 49 | 8h | |
| +44 | I discovered my personal boundaries | 20 | 1d | |
| +33 | No hispanics in PE | 27 | 1h | |
| +29 | Is Thoma Bravo fucked? | 17 | 1d | |
| +27 | Private Equity in Japan | 10 | 2d | |
| +23 | MS M&A/MC/Menlo vs MF PE Analyst | 27 | 3d | |
| +18 | Down after rejection | 8 | 1d | |
| +15 | How to participate in on-cycle before start date / away from NYC | 7 | 3d |
Career Resources
Culture is okay. Look at the types of deals they work on and you can understand that it isn't easy work. Top decile returns. Flagship fund will look at anything from $500M-$5B so there is a broad range. Look at RSA or Fireye. They have a lower middle market fund too. Associates work and get solid exposure but the wlb seems slightly better than comparable buyout funds... sometimes. Deals can get hairy with a lot of looks at carve outs and other complex deal strategies. Internal promote culture with virtually nobody going to get their MBA after associate. Comp is on par with most MM funds. Co-invest available as an associate. Software focused, value investors. All majority deals
top quartile consistently
Technical interview process too, but it definitely goes to show of the caliber of individuals they’re looking for
Culture has improved over last few years but is still no walk in the park given the type of deals they work on. People are super sharp. WLB better than most MM funds, pay on par. Heard VP comp is above avg but good VPs get grinded.
Bumping the thread
Any reason why they rarely get mentioned given that they recently raised a pretty big $4bn+ fund? How does it compare to other bay area firms like Genstar, Francisco, Arcline, Golden Gate, GI etc. in terms of exit, comp, returns?
Very solid software fund that gets added to the buyer's list of every value-based software play – they just purchased Wrike from Vista & Elliot. Don't think they're mentioned often since they weren't really prevalent until 2017 when they institutionalized their fund (was previously a family office that didn't open up to other investors). Since opening up to new investors, they've doubled fund size every fundraise. Wouldn't be surprised if they doubled their fund size in the next 3 - 5 years given that it's great to be a value investor in this environment. Don't really know what MoMs or IRRs they're posting but likely very solid given their track record since 2017. Currently seeing them in the mix for a good amount of sell-side mandates between $500mm - $2bn.
How has their fund performed recently? Know they raised a ~$4bn fund last year but any idea what historic returns have been like or where to find them?
Bump
They have multiple top quartile/decile funds in a row. Their performance is quite literally top tier in every sense and they'll continue to kill it with fundraising as a result.
Thanks I appreciate it, what is comp like? I've seen it thrown around that it's "in line with other MM", but with solid returns, larger fund sizes, and larger deals it look like they're doing larger deals so is comp moving towards more in line with UMM shops?
Where are you seeing the fund returns? I wasn't able to find it online
bump? curious to hear if there are any material numbers for comp as an associate, what culture is like, benefits, wfh policies?
seems like there was a bit of a culture issue per some old threads and curious to hear if this has been improved in any sense.
Officiis architecto dolor vel esse minus sed. Quibusdam ut sunt velit vel quo. Sequi iusto iure qui tempore. Culpa consequatur consequatur reprehenderit quia ut est.
Reprehenderit dolorem eum quos qui. Perspiciatis consequuntur tempore nobis delectus voluptatem itaque. At expedita occaecati est omnis. Harum minima aut inventore praesentium corporis praesentium. Ratione qui quis pariatur. Nisi beatae consequuntur pariatur ea eligendi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...