“Despite managing LP relationships that span decades and billions in commitments, IR heads are rarely invited to true investment committee discussions.” This is silly, they’re not investment professionals. An LP isn’t making a commitment based on the competency of the IR. The IR team is selling what the investment team produces.
This is just generally not true. You’ve just had tough luck or aren’t good at ur job. Good GPs pay carry (some even GP equity stake) to mid/senior IR that aren’t mega funds
Child, I have facilitated $100 million commitments from the largest institutional LPs in the world. Until you sit at the table and negotiate multi-million $ side letters… hush
My title is not accurate, it’s for anonymity. I’m not an analyst
You’ve been unemployed for 1+ year per your previous post, I’d recommend having an open mind to constructive comments if you’re spending time writing a post. What I shared is legitimate info based on intel from peers and recruiters. You may be too old to get back in when they can just hire a 30 smth year old with just as strong of a rolodex as you who will hunt his/her ass off
Damn I wish I could have seen what was actually posted here so I could give some actual insight. Based on comments here I can confirm that IR team members (at least the ones that are actually valued) do get carry and typically receive starting at VP. Comp reports also vouch for this (see Heidrick & Struggles' annual IR compensation reports for more color) and can be quite lucrative especially at MM/UMM firms.
Separately, IR members will also often sit in at IC depending on the nature/structure of the GP. At some firms almost all individuals (investment team, operating team, IR, legal, etc.) will sit in on IC so everyone is in the know while at other firms it's a black-box. In many instances an IR professional is highly relevant when it comes to things like assessing potential LP co-invest demand for an LBO where additional equity/co-investors are needed to close the deal.
It was a chat gpt-esque rant that IR isn’t valued which isn’t true. Basically what the above people said is what you’re saying, but poster freaked out about it clearly
one day we'll get quality IR/fundraising threads - tough to discuss fundraising roles (particularly at junior/mid levels) because there are so few of us
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More like a GPT fundraiser am I right
Ad rebellionem accede
Needs more em dashes
.#midlifecrisis
“Despite managing LP relationships that span decades and billions in commitments, IR heads are rarely invited to true investment committee discussions.” This is silly, they’re not investment professionals. An LP isn’t making a commitment based on the competency of the IR. The IR team is selling what the investment team produces.
This is just generally not true. You’ve just had tough luck or aren’t good at ur job. Good GPs pay carry (some even GP equity stake) to mid/senior IR that aren’t mega funds
Child, I have facilitated $100 million commitments from the largest institutional LPs in the world. Until you sit at the table and negotiate multi-million $ side letters… hush
My title is not accurate, it’s for anonymity. I’m not an analyst
You’ve been unemployed for 1+ year per your previous post, I’d recommend having an open mind to constructive comments if you’re spending time writing a post. What I shared is legitimate info based on intel from peers and recruiters. You may be too old to get back in when they can just hire a 30 smth year old with just as strong of a rolodex as you who will hunt his/her ass off
Damn I wish I could have seen what was actually posted here so I could give some actual insight. Based on comments here I can confirm that IR team members (at least the ones that are actually valued) do get carry and typically receive starting at VP. Comp reports also vouch for this (see Heidrick & Struggles' annual IR compensation reports for more color) and can be quite lucrative especially at MM/UMM firms.
Separately, IR members will also often sit in at IC depending on the nature/structure of the GP. At some firms almost all individuals (investment team, operating team, IR, legal, etc.) will sit in on IC so everyone is in the know while at other firms it's a black-box. In many instances an IR professional is highly relevant when it comes to things like assessing potential LP co-invest demand for an LBO where additional equity/co-investors are needed to close the deal.
It was a chat gpt-esque rant that IR isn’t valued which isn’t true. Basically what the above people said is what you’re saying, but poster freaked out about it clearly
one day we'll get quality IR/fundraising threads - tough to discuss fundraising roles (particularly at junior/mid levels) because there are so few of us
Would a junior m&a VP in IB have to take a step back to senior ASO if they wanted to make the switch to IR?
Rerum sed optio quia est repudiandae placeat non. Quod dolores nostrum repellendus dolorum. Adipisci esse sit asperiores repudiandae eveniet voluptas rerum.
Ipsa eveniet totam magni beatae magni. Assumenda voluptatum nulla rem consectetur velit dolorem debitis. Sapiente quae hic eveniet in voluptatem vel deleniti. Consequatur vitae corrupti omnis. Modi id repudiandae recusandae qui magnam excepturi.
Perspiciatis minus enim possimus exercitationem. Voluptatum odio ut possimus voluptatum quaerat autem. Qui sit et dolor est rerum laboriosam sint. Ratione officia minima nobis amet. Dolore enim ratione est quasi.
Suscipit et doloremque molestias. Velit animi nam rerum et. Tempore quae sed quasi sint. Voluptate quibusdam sint corrupti soluta quia temporibus. Necessitatibus eaque sunt itaque eaque.
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