Private Equity MegaFund Recruiting Process - Summer 2013
Hey,
As we approach the beginning of the 2013 process, wanted to get the updates on Funds that people are in contact with. We can make this an official thread if people would like.
I have been to a few cocktail events and coffee chats with Apollo, KKR, BX. However, I am more interested in their Credit/Special Sits businesses but I know they begin at the same time.
I was told by KKR (know a senior person in HR) that their process will start Jan 7th regardless of when everyone else goes.
Few ques.
Assuming the mega funds go Mon Jan 7th, is it fair to say that most people will have offers by the that weekend?
Also, anyone familiar with credit/distressed sides like KKR Asset Management and Apollo Distressed do they have Case Studies/model tests?
Any additional info anyone else can provide would be helpful.







Megafunds are not going that
Megafunds are not going that early. Will more likely be towards the last week of Jan, possibly even into Feb.
Mid-Jan was initially the intent but its been pushed (across the board) for a variety of reasons.
PM me about SSG/credit.
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Apparently, I cant PM you
Apparently, I cant PM you until i get to 10 bananas haha.
I was actually told that by a pretty reputable source, but hey you never know.
Marcus_Halberstram: Megafunds
Megafunds are not going that early. Will more likely be towards the last week of Jan, possibly even into Feb.
Mid-Jan was initially the intent but its been pushed (across the board) for a variety of reasons.
PM me about SSG/credit.
I remember the 2011 or 2010 recruiting round when you were also very adamant that recruiting "definitely hadn't started yet" when it was already in full swing.
May start as soon as the week
May start as soon as the week of Jan. 7th. If you're already going to coffee chats / networking sessions I imagine you're on the target list for interviews so would be ready anytime for an interview invite.
Side note even though these firms haven't started formal interviews they've been recruiting for a while now through coffee chats, networking sessions, dinners, etc, so if you haven't already been going to those you're essentially SOL for getting an interview
Which headhunters are Apollo
Which headhunters are Apollo and Blackstone using?
theworks9, what is your background? I'm curious why you're interested in credit/distressed investing.
ricottacheese: May start as
May start as soon as the week of Jan. 7th. If you're already going to coffee chats / networking sessions I imagine you're on the target list for interviews so would be ready anytime for an interview invite.
Side note even though these firms haven't started formal interviews they've been recruiting for a while now through coffee chats, networking sessions, dinners, etc, so if you haven't already been going to those you're essentially SOL for getting an interview
How does one go about getting these networking sessions, dinners, etc? Are theses invites through headhunters? Thanks!
bbfun: ricottacheese: May
May start as soon as the week of Jan. 7th. If you're already going to coffee chats / networking sessions I imagine you're on the target list for interviews so would be ready anytime for an interview invite.
Side note even though these firms haven't started formal interviews they've been recruiting for a while now through coffee chats, networking sessions, dinners, etc, so if you haven't already been going to those you're essentially SOL for getting an interview
How does one go about getting these networking sessions, dinners, etc? Are theses invites through headhunters? Thanks!
At this point most (if not all) of the coffee chats/sessions/dinners are over and firms have solidified their interview list and will be proceeding with interviews in jan/feb. if you're not already loop i'd reach out the headhunters ASAP to express your interest and provide the most updated resume
to answer your question, headhunters typically give the names to the firms. the firms will either reach out to candidates directly with details about the event or the headhunter will plan it, can happen either way
Yup, coffee chats and the
Yup, coffee chats and the likes are mostly done.
Just to follow up, if anyone
Just to follow up, if anyone can answer this question itd be helpful. Assuming the mega funds go Mon Jan 7th, is it fair to say that most people will have offers by the that weekend? How quickly does the process move, surely not as slow as some of the HF processes ive been in/heard about right?
Know from both folks who
Know from both folks who previously interviewed at Apollo as well as folks who currently work there that their process is one day. Offer delivered at night and lasts like 12 hours. Would assume the others have similar timetables.
^Yup few days at most. The
^Yup few days at most. The rush for the top candidates can be felt pretty early on during the interview process. Im sure KAM, BX GSO and Apollo Distressed are pretty similar and wont run like traditional HF processes which can take much much longer.
Has anyone used HSP? Does
Has anyone used HSP? Does anyone happen to know which firms they cover recruiting?
Believe HSP handles Carlyle
Believe HSP handles Carlyle and Warburg...maybe others. They're all ex-SG Partners and think they have a good network.
Which headhunter is Apollo
Which headhunter is Apollo using this year?
Yup HSP handles Carlye, KKR
Yup HSP handles Carlye, KKR and Warburg. Dont know if I read this here or somewhere else but was just told by a buddy that the MFs plan on going next week. Just a heads up for all your IBDers out there
^So are megafunds recruiting
Yes, for summer 2013 start.
How many MF interviews does
No one has any "interviews"
Not sure thats the case
theworks9: No one has any
i might get shit for this,
dukebanker12: i might get
thanks ricottacheese! SB for
dukebanker12: i might get
thanks for the response
Has anybody interned/been
The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.
People definitely pay
Are we talking summer analyst
if i do not have a
I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought- GG
Swagerer: Nope we are talking
theworks9: Swagerer: Nope we
I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought- GG
my upper MM PE firm (some
Are all of these firms only
65ibd: Are all of these firms
ricottacheese: 65ibd: Are
theworks9: ricottacheese:
Yes, can confirm whats been
Didn't even know that you
moneymogul: Didn't even know
Interesting. Thanks for the
From what I've heard, MFs are
Rumor has it that things are
Are all your groups
I think at this point if you
You have to believe that
I think most groups are
Woke up to several missed
theworks9: Woke up to several
Awon Eleyi Awon Eleyi Won Bad