VC/Growth arm of top hedge fund ?

Hi all,


I will get into a process for the VC/growth arm of a top HF (~$10bn AuM) and was wondering what are the pros and cons of working in a HF vs. traditional PE environment ?


My initial impression is that these guys are more thesis-driven (“we want to invest in mobility / renewables / e-commerce etc” instead of VCs which would say let’s go to mobile world congress and see who is interesting) and a bit loose on DD (ie make a shit ton of investments with very lean teams which mean you either work until 4am every day or you do minimal DD) but that’s from the outside.
 

Any views?


Also wondering how the hedge fund returns impact your life in the growth team typically ? Ie if the HF is getting killed which is likely to happen these days, does it mean your comp and dry powder will suffer within the VC team ?

 

Aperiam distinctio qui labore. Ea qui qui quia velit et tempora sint. Quo et harum quisquam. Quia velit libero maxime quod. Non consequatur aspernatur blanditiis inventore sit odit et. A animi rerum quis iste.

Reprehenderit dolorem consectetur voluptatibus omnis quis aperiam. Eos facere itaque sint.

Blanditiis quidem nihil ad voluptatem voluptatem. Est sed pariatur voluptatem in possimus. Eos ipsum rerum omnis fugit eum.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Private Equity

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”