What's up with CVP's exits?

Any EB like PJT/CVP/Moelis/PWP/HL are hard to compare based on size. Evercore and GS are way larger in terms of groups (and globally). That’s probably the discrepancy.

Note that a few of these shops do have very good pay and decent cultures so people often do stay on as associates (A2A may not be a thing for some of the 3 year programs).

Another CVP analyst checking in. Agree with the above. 

All else equal, no headhunter or PE firm is going to choose an Evercore analyst over a CVP analyst or vice versa just bc of the firm.

Historic exits from CVP tend to be more variable than other EB/BB firms and include entrepreneurial ventures like start ups, industry, etc. in addition to PE/HF but that's a function of self selection (since CVP Aso comp is higher than MF PE Aso, if you're just solving for comp makes more sense to stay). 

That said, large portion of the 3rd year class this year is exiting to MF PE or hedge funds

One more CVP viewpoint but largely agree with the above and mostly restating. There are fewer analysts here than other top banks, the analysts here are capable of landing any role the other firms are but I genuinely feel like are less interested in supposed "prestige", and there are also more A2As. No one will not get the role at X fund just because they work at CVP vs. EVR/GS/PJT or wherever else, it's a matter of number of analysts trying to make the jump and personal priorities.

Following

They also get paid a lot more so more of an incentive to stay A2A if you don't have conviction in the UMM/MF rat race

Another CVP analyst checking in here just to humble brag that I work at Centerview. Carry on

Has anyone mentioned that CVP is a smaller firm so there aren't as many alumni? If so I should add also a more nuanced point that nobody has mentioned yet which is that CVP Associates make more than PE Associates. They also tend to have much hotter GFs and bigger penises so you have to factor that into the equation because no doubt it plays a big role.  

CVP alum chiming in here. Just to add more color to what the CVP analysts say, the exits are mostly due to a blend of a smaller analyst class, the fact that CVP's associate comp is higher than a PE associate, and the fact that we don't have a lot of time to recruit for buyside since we are always on WSO explaining the CVP exits.

.

Current analyst at CVP and thought I'd share my view. I'd say the main reason you see fewer exits to elite MFs is that the firm has smaller class sizes than other EBs and GS/MS. Also, you have to factor in that CVP AS pay is way higher than MF AS pay, so there's less incentive to jump. Just my 2 cents.

Current analyst at CVP, wanted to mention we all love to suck cock on our downtime, typically we have smaller class sizes than other EBs (EVR/PWP/FT Partners) so we have less penis desire per capita (PDC) than most, but we still make time for it