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Probably because they work incredibly long hours and are paid significantly above street so they have zero motivation or desire to go through buyside recruiting (MF PE will be a paycut for them lol with similar hours + probably worse promo opps). So most of the people exiting will likely be doing for WLB reasons hence "underwhelming" exits.

 

Everyone there gets burnt out, and so the "exits" end up being people who mostly just switch career paths completely because its such an off-putting experience. There are a few exits to Citadel/CVP/Goldman it looks like, but my friend who worked there ended up completely leaving finance despite such high pay there because the hours and experience were miserable

 

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