Gugg recently started screenings/first rounds for FT. If anyone could shed some light on their process, interview experience (techs/behav), etc it would be much appreciated
Insight from anyone who has gone through SA or FT recruiting with Gugg before would be greatly appreciated as well
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Chicago or NYC?
Chicago
Which group? I never saw apps open
Pretty sure the apps are closed now. They have kicked off the process
Apps are still open for NYC
Maybe for Associate level not entry level analyst programs in NYC
Can confirm invites have been sent out for NYC. Seems like referral/networking based because I never applied online and still got an interview. Apparently there's some 45 min writing test or some shit
Congrats! Interested to hear what the writing prompt is about.
Is your first round a writing sample? I saw a similar post about this today but for an EB. Never heard of a first round being a writing assessment
Yeah no clue what it's about. I already accepted an offer though, so I probably won't do the assessment. For a MM PE interview I did, I had to do a writing assessment. Was basically given a teaser on a company and had to write an email summarizing the opportunity, diligence topics, merits/weaknesses etc. in 45 minutes. No clue what it'd be for a banking though
Has anyone heard back yet after doing the writing test? Did mine early this week for Chicago office.
Can you shed some light on the writing assessment? Was it finance oriented or are they just trying to get a sense of your writing ability
Just received a Super Day Invite for the Chicago office this morning after completing writing assessment on Tuesday.
can you pm me?
Was there any phone screening or interview after the writing assessment? Certainly appears to be an untraditional recruiting process
Can you PM me?
Can you give any insight regarding the writing assessment?
Not going to tell you what it is, there's no way to prepare for it. Not difficult at all, don't worry about it.
Is the Chicago PEAG group just another name for their MM group or are they separate?
It's pretty much their MM group. They also have a team in the NY office. Primarily sell side deals from PE exiting companies
Thanks!
I placed in PEAG for next summer. First round was a 30 min phone call with lots of technicals. Super day was mostly fit questions with one hard technical interview. I could tell they cared more about fit than technicals though. My super interview technicals covered stuff like net operating losses and applying the 400 Ib questions with a case study example. Hope that is helpful.
Thank you for the insight. Was this for NYC or Chicago? Also was your SD in person or via Zoom?
Can you give some more details on the structure of the case? I've heard horror stories from other interviews about really difficult cases. Is this just the 400 Q's dressed up? Thank you
Do you think this likely a tight process? From what it sounds like, there must not be too many candidates that were selected for the writing assessment (considering the next round is a Super Day).
Looks like it was internal referrals only.
Interesting. Thanks for the insight
Does anyone have any insight on the middle market (private equity advisory) group in NYC? I know the team is based out of Chicago but am interested to know more about their presence in NYC
PEAG here.
It’s one global team — people in NY, Boston, Atlanta, and CHI all work across offices as one staffing pool.
The PEAG group leaders are in Chicago but there’s a major presence in NY (plus the large-cap coverage teams, restructuring, and PCA / ECM / LevFin).
You won’t lose out on connectivity in any meaningful way going to NY. There’s a lot of senior associates who went from CHI to NY too, which helps connectivity.
Any insight into the culture of NY PEAG team vs. CHI PEAG team?
I know people in the group and have heard the NY team is very sweaty relative to the Chicago team.
The group is big enough that your day-to-day will be more impacted by your specific DTs (and clients) vs. overall “office” culture.
Every office has chill people and hardos. I would say that the PEAG team has one of the better cultures I’ve seen (relatively high % chill people). Even the hardos in PEAG don’t yell / aren’t rude or mean, they just grind.
The tone from the two PEAG co-heads (ex WB rainmakers) goes a long way to keeping a non cut-throat culture. They are cool guys who like their families and want the team to succeed. The group is their “baby” and they want to see it continue the amazing growth going forward which means retaining people and doing great work.
Hope this helps
Thank you for the insight. Can you provide a little more context on the group’s mandates? Do you guys work independently on particular deals or it's more of a collaborative effort depending on the industry or product group?
Spoke with a few TMT bankers who mentioned they work closely with you guys. Any additional color would be great - thank you!
Has anyone received SD invite for NYC?
BUMP
For the Chicago PEAG group, does anyone have any insight on Superday structure? What does the behavioral/technical split look like and is there a modeling test?
has anyone had their superday yet?
anyone received SD post writing sample?
yes, received earlier this week
Thank you. When did you do writing assessment?
Is this for NYC or Chicago?
Has anyone heard back from NYC PEAG group regarding SD invite?
Any update here for both NYC and Chicago PEAG/Middle Market group processes?
Anyone heard back from Chicago SD from Yesterday (10/25)?
Can confirm offers were sent out a few hours after the SD. If you haven’t heard back, there is a chance you are on hold. Best to continue pushing and not get hung up on hearing back
have people received a rejection call/email yet from yesterday's SD for Chicago office
How long does it take to hear back after morning technicals?
Are the super days in person?
Yes
so is the process writing assessment -> SD or writing assessment -> 15 minute screen -> SD
mine is assessment --> screen --> SD
I have the screening call later today
can confirm as well. assessment --> 15 - 30min technical screen --> SD
recruiter mentioned the superday would be in person SD
Does anyone know the SD structure for PEAG NY?
did you get a superday
yes
Anyone hear back from NY Superday for PEAG
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