Don't get it...
So I've done recently a lot of research (career wise) about private equity fund of funds (FoF). I found many comments that FoF is not so good for your career (not many exit options, skills are not so transferable, etc).
The point which I don't get is why the guys from BB IB (and amongst them many from IDB) or strat houses (MBBB) work for them?
I checked couple of FoF... AlpInvest (www.alpinvest.com), HarbourVest (www.harbourvest.com), Lexington Partners (www.lexingtonpartners.com), Paul Capital (www.paulcapital.com), Landmark Partners (www.landmarkpartners.com), etc. I checked team profiles and almost all the folks come from BB IBD or from BCG or so...?
So what's the deal with FoF? If they are not so good why all these people join them?
Off the top of my head, I'm pretty sure Harbourvest is also an actual private equity firm. They were one of the sponsors on a deal I monitored over the summer. Dunno about the others.
Aut ut sed aut excepturi sunt. Quis vitae sed illo iusto. Culpa nam aut voluptates.
Reprehenderit nobis laborum molestiae et dolores. Expedita consequuntur at qui fugit dolore aliquid aliquam. Aut provident dolorem maxime.
Voluptas ipsum enim laboriosam dolor at dolorum dolore. Voluptatum voluptatem ex et porro perspiciatis quibusdam.
Doloribus iure deserunt temporibus maiores voluptatem. Modi aut voluptas voluptatibus ducimus.
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...