Charlotte Boutiques

first time poster... would like to know more info (prestige, pay, dealflow, exit ops, etc) about the following firms:

McColl Partners
Edgeview Partners
Fidus Partners

thanks in advance.

 
Best Response

I have very close friends that have worked at all 3. Edgeview and McColl are a bit above Fidus in terms of prestige - they're larger (both in number of bankers and deal size) and have more deal flow.

Pay is probably best at Edgeview and McColl as well. Both were paying street or better pre-crisis, which is especially sweet since you're in Charlotte. Fidus is a bit lower, but I'm not sure exactly where their bonuses came in.

Here are some cultural takeaways and general notes:

McColl - the closest you're going to get to that "New York feel" in Charlotte. If you like your MDs to throw chairs at you when you forgot to include a dollar sign in a chart, look no further. That said, their deal flow is very strong and their senior bankers come from a lot of BB firms. You've also got Hugh McColl pulling in dealflow, which helps. Pretty nice offices on the 53rd story of the BofA HQ tower.

Edgeview - Traditionally a great place, but they've had some turmoil recently. They were acquired by CIT in 2007 and spun back out to the original partnership in 2010 after CIT went bankrupt during the crisis. They're a little smaller than they were pre-crisis, but still strong. Analysts there have a lot of responsibility in the deal process. It's a double edged sword because while you can end up running the whole deal process, sometimes the associates just bail and leave you drowning. Post-spin out, all the partners are young, tenured, and around for the long haul.

Fidus Partners - Another Bowles Hollowell descendent. They've got an office in NYC as well, and a small captive PE fund. I don't believe they lead any investments, just throw in some mezz or equity to support deals the bankers work on. Much smaller than McColl or Edgeview (probably 25% the size).

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 
mr7183:
how about exit opps for each?
Again, Edgeview and McColl are going to be comparable. You'll have a shot at almost any MM private equity firm, and I know analysts from both have even gone on to Carlyle, GTCR, Thoma Bravo, Providence Equity, and more. You'll also see a lot of analysts going to smaller MM firms like Carousel Capital, Sentinel Capital, etc. I believe until the crisis in 2008/9, both firms were bragging about 100% placement into PE for those analysts that wanted it.

Not really sure on Fidus.

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 

mccoll has started building a reputation for cutting some of their analysts after a year... know a kid who summered there and said it was a sweatshop. if i am working that hard, i want two years.

 

Aperiam ad tempora nobis maiores autem qui illum sunt. Ipsum aut magnam vitae. Aspernatur quis aperiam et cum magnam.

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham

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