Morning all - I've recently become aware that the partners in my firm (mid-size private equity firm) are looking to sell the firm. I'm fairly certain this is the case as they already have an adviser working on this, but I concluded it mainly from some correspondence that I've seen (legitimately) which ultimately tied in with the way some of the decisions have been made in the firm in the past 1-2 years. I don't think anyone else at the firm knows.
This would not necessarily be negative for me, but the uncertainty and the fact that I am sitting on this information is pretty unsettling.
I'm considering approaching the partner I work with a lot and being straight with him, trying to figure out how this could affect the firm and my career.
Any advice - was anyone in a similar situation? Would you just stay silent and wait for this to be announced or would you approach the management honestly?
Hey stormz505, I'm here to break the silence...any of these links help you?:
More suggestions...
Hope that helps.
Have you tried reposting this to the PE Forum?
Thanks. Wanted to have wider reach as I figured it could have happened in other sectors as well.
Update that resume, probably best to keep your mouth shut with the partners
Totally agree. Also, assuming you're an associate/VP you should survive. Either way, confronting a partner is not a good idea.
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