Why go to US MF in Europe and not European Funds ?

Hey monkeys,

When I read discussions on WSO and look at the profiles of top IB analysts, it seems like a lot of people still have a higher opinion of US MF (BX, Bain, Apollo, ...) than European funds of the same size (PAI Partners, Astorg, ...) or even bigger players in Europe  (CVC, Advent, Cinven,...).
My question is : why would you prefer to go to BX in Europe if players like CVC, Cinven, Advent outperform them in fund raising and deal flow in Europe ?

Personnaly, I would even prefer to work for an European players like PAI, Astorg, ... that also have also a 5b$ fund size but that have an Investment Comittee in Europe and that have a great deal flow.

Thank you for your insight ! 

 

I think it's due to the forum being very US-centric, so when these questions are being asked, you're bound to have US users giving their opinion (which is forged by what they see in the US). So the performance of MFs or UMM funds in Europe is often not really taken into account vs their performance in the US. But if you're working in Europe, funds like Astorg or CVC are great options and I would also take them over BX/other top US funds

 

Definitely this. You can see this especially on the IB forum here, where people will ask about european offices and american interns/prospects will reply back with their supposed prestige rankings of banks, even though the landscape in europe is very different (such as boutiques in the US vs europe)

 

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