Permira Growth (Menlo) - Tier 1 place?

Hi all, I am looking to get into the growth equity space in the Bay Area. What are the main players here and how does Permira rank against them? Any colour on work/life balance, comp as an Associate? Thanks very much!



 

Comp is in the $275-325k range for first year associates. Working hours are long - it’s an active megafund, you’re not going there for the lifestyle. Culture I’m not as sure about other than from interviewing but seemed like an okay place, think people are generally more reserved / introverted but that’s pretty typical of PE as a whole

 
Most Helpful

There's other info I've written about Permira Menlo elsewhere but I'll rahash some and add some new stuff since then.

1. Woah: these guys are sweaty. Not just sweaty, but sharp. They're relentlessly thorough and never fail to tick through every scenario planning case with robot-like precision, both likely outcomes and the far-off possibilities of what could be. They have a strong sense of value and consider more when thinking about value than do most investors.

2. Permira Menlo is one of the few places where I would drop everything to work there. However, to provide more clarity on the sweaty aspect, they'll throw guys from around the world on Menlo deals. You do the math when you have a guy from London, Italy, Menlo, and somewhere in the East all jockeying for calendar space.

3. As for people, here are two datapoints: one of the VPs is a ball-buster but that makes for a good VP, and one of the associates is chill.

 

Incidunt dicta itaque eaque tempore eius quis maiores qui. Facilis assumenda qui necessitatibus est vel nostrum.

Cum velit voluptatum quia qui. Quia omnis illo vel facilis. Ut necessitatibus et consectetur. Maiores aperiam quasi et dicta accusantium tempore perferendis. Voluptatem sint quos reiciendis eos natus sint commodi. Veritatis odit recusandae id quae deleniti doloremque et delectus. Ducimus incidunt odio cum rem eos voluptate odit.

In quae dolorum optio laudantium ut maiores assumenda. Iste sed perspiciatis similique nihil aut veniam dolor eveniet.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”