Portage Point Partners RX
So they've been around the RX scene for a decent amount of time now. Can anyone speak to their culture, WLB, debtor vs creditor side mandate splits, comp, etc?
Jan 26, 2023Jan 26, 2023
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Comments (10)
I got deep into an interview process with them. So I can't comment on the actual environment there, but the feelings I go from going through several rounds.
I found the people I interviewed with smart and intelligent, if a little stuffy.
They said they were not big on FaceTime, as long as you got your work done and met expected billing guide posts.
The pay scale they showed me looked really lucrative, but it's a very much eat what you kill scale. Meaning that if you are adept at business development and can bring in mandates, you're going to easily make 7 figures.
But if you are more used to a BB atmosphere and rely on being able to win deals just based on your bank's prestige, you could get smoked and run out of town in a few years.
They were also slow in setting up the next rounds, and I find places that are unorganized during the interview process tend to be unorganized as a company.
Thank you very much.
Current employee - feel free to PM if you would like additional details
How open is the firm to hiring junior resources with RX adjacent (e.g., stellar business transformation) backgrounds?
I know someone who used to work there. Really smart people, but it is definitely a sweatshop.
Could you PM me with any more color?
sweaty but very good comp at the junior level
Bump, what does comp and deal flow look like?
Can totally see where Jr. level seem a bit stuffy - there's a trend of non target schools to some form of IB which I could see creating a complex. Being such a new firm, YMMV. I got to final round with top of the industry (Think A&M, Alix, FTI), but was rejected for a 1st round with them* which doesn't make much sense. Very interesting setup where you get to work on RX advisory, and IB deals though.
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