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I previously worked within the group. Most individuals aren't targeting PE MF/UMM, a substantial number (the majority of my class) have opted not to participate in on cycle. The handful I was acquainted with, who wanted PE roles and did on cycle, mostly succeeded in their recruitment efforts. However, the majority of individuals are staying away from that demanding lifestyle and opting for options that offer a friendlier work-life balance.

I'm unsure about the exact reasons for this shift, but the prevailing mindset is no longer centered around the necessity of pursuing MF/UMM PE roles. Instead, the focus has shifted to waiting, recognizing the downsides of an imbalanced work-life, and selecting alternative options that prioritize work-life balance.

Regarding senior staff departures, the main reason for this is largely attributed to the changes implemented by Solomon. Partners at GS are no longer making as much as they did before.