WallStreetOasis.com:
now now Jimmy, play nice.

enable, I'd try some searches to read up on Warburg...they are a well known private equity mega fund.

Thanks

Sorry Patrick, long day and hate to see this great site constantly ruined with these posts

"Jesus, he's like a gremlin; comes with instructions and shit"
 

I have no clue on their performance, but having worked with their London office in the past, I can say they are a solid group of professionnals, with former people coming from the industry in the investment teams. E.g. I've been in contact with one guy from the deal team on a transaction once, who was the former CEO of a company they had acquired in a particular sector and he now provided them with a lot of insight. Long story short, I liked their approach a lot but have no clue on their performance.

 

A recent article: http://dealbook.nytimes.com/2011/08/17/warburg-stays-in-fray-but-off-pu…

Some take-aways: Fairly young senior management PE-focused, not interested in other types of asset management (though I've seen their fund in a few distressed situations, so this may be more about the one-fund structure than really not getting into other asset classes)

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 

^^ So it's main focus is technology investments ?? Also, I thought that their NYC office was well regarded, is that the case or is the Cali office considered more prestigious ?

 
ExGSBanker:
Not entirely sure how my post conveys the idea that they're technology-focused (" very technical" = very finance smart - have their heads in the numbers).

Not sure about NYC vs. Cali. Everyone I knwo works in Cali.

Just thought that since you only mentioned Cali, that they concentrate mostly on tech, but thanks anyways.

 

i work in real estate private equity and would love to find out if i had a chance of getting into somewhere like Warburg Pincus.

how does one go about this? i don't know anyone at that firm. should i contact them directly or does anyone know which head hunters they use?

 

WP is unique among the large funds in that they are organized into industries that invest across the age spectrum of targets. E.g. their technology group will do both start-up funding and late stage LBO-like investing. They also have an "LBO & special situations group" which is focused on the consumer/industrial sector, which is more mature anyways. What this means is that analysts in most groups at WP see a greater number of deals that are smaller in size, but may work harder as a result.

 

I would like to extend a warm welcome to myself, Prestigious Pete. I am a jealousy amalgam, created from combining all the conceited, self-assured finance super douches into one man called Prestigious Pete.

After finishing up at Andover, I went on to attend Yale University, where I majored in Sociology, played Varsity Golf, and was president of the Delta Kappa Epsilon fraternity. I then marched over to Blackstone M&A upon graduating, because Goldman Sachs was not prestigious enough. After my brief stint at Blackstone, I went swiftly to Harvard Business School, where I spent two years going to costume parties, travelling the world, and adding hundreds of notches to my bedpost. After graduating from HBS, I now work at a private equity megafund. At the tender age of 25, I make 450K base, wear a $40,000 watch, and have outsourced the tying of my shoelaces in the morning to some nice Puerto Rican chaps.

Disclaimer for the Kids: Any forward-looking statements are solely for informational purposes and cannot be taken as investment advice. Consult your moms before deciding where to invest.
 

Why is everyone giving this guy a sarcastic answer? Jealousy?

To answer your question, yes, Warburg is an excellent PE firm. You'd have to be receiving some very compelling HF offers to turn down a summer internship with them (assuming that they intend to convert your internship into full-time employment).

 
CallThatBond:
Why is everyone giving this guy a sarcastic answer? Jealousy?

To answer your question, yes, Warburg is an excellent PE firm. You'd have to be receiving some very compelling HF offers to turn down a summer internship with them (assuming that they intend to convert your internship into full-time employment).

Well, honestly, I know one kid who interned there after sophomore year and now he's doing GE FMP... His dad got him the gig and it seems to have taken him nowhere. Only accept an offer from them if you're 100% certain that you'll be doing real work that will actually lead somewhere.
 

your right abt the large presence in india. is it worth going through a regional office as it might be easier to get the foot in the door. they dont even have a career tab on their site. so much for getting hired

 
exeunt:

Anybody know the culture of the nyc office or any specific groups within the nyc office? Interested in bschool placement, lifestyle, compensation and any other helpful information. Thanks all!

Culture/lifestyle is pretty brutal. Compensation used to be below average but I think they brought it up recently. Bschool placement is same as other megafunds.

They raised a pretty big fund recently though, so if you're going there now you have a good chance to get on lots of deals

They do a TON of minority investments/growth equity. Not necessarily a bad thing but WP is not your typical buyout shop.

 

Does WP separate their growth equity and buyout teams?

abcdefghij:
exeunt:

Anybody know the culture of the nyc office or any specific groups within the nyc office? Interested in bschool placement, lifestyle, compensation and any other helpful information. Thanks all!

Culture/lifestyle is pretty brutal. Compensation used to be below average but I think they brought it up recently. Bschool placement is same as other megafunds.

They raised a pretty big fund recently though, so if you're going there now you have a good chance to get on lots of deals

They do a TON of minority investments/growth equity. Not necessarily a bad thing but WP is not your typical buyout shop.

 

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