MM PE v MM Boutique (London)
Have an offer for a MM boutique but also have an interview with a MME PE analyst position.
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Ooooooooh Terra Firma..suggest you look into them a bit before going there.
Take the MMIB.
Are they really paying 35k py? that is Big 4 level jeezz
Yes - have you not seen Guy Hands moaning how today's graduates "only care about pay" (while he himself living in Guernsey/Jersey and not seeing his kids for tax avoidance reasons)?
Edit: not sure if I can link, but quote from article below (can find if you google the text). The 5-yr lockup is dead giveaway.
"Now, starting salaries for those joining its graduate programme are £35k ($42.6k) - a 50% reduction on previous years - and there are no cash bonuses. There is, however, something far more exciting for young people struggling to get a foothold in London: Terra Firma will put money aside so that its young employees can put a deposit down on a house.
How much money? Speaking at a conference this morning, Terra Firma founder Guy Hands didn't say exactly. He did say: "We'll pay for a deposit on a house in London...40% of the average cost of a house in London - in a good area.""
Saw that and saw about bonuses for a house or whatever but damn that’s rough - to be fair his shop is dead all their deals went sideways don’t even think anyone at my bank covers the name even on a purely “transactional” basis...
Yes - were not considered a credible buyer when I was in banking either. Think OP's question is answered...
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