Would love any updates on the Private Equity scene in LA… what are some top MM shops right now and what does comp & culture look like?
Also specifically curious about Lightbay, Kingswood, and Highview if anyone knows.
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Based on the most helpful WSO content, the LA Private Equity scene continues to be a hub for middle-market (MM) firms, with notable players like Ares, Oaktree, Platinum Equity, and Marlin Equity Partners maintaining strong reputations. While specific updates on Lightbay, Kingswood, and Highview aren't detailed in the knowledge base, these firms are often mentioned in discussions about LA's MM PE landscape.
For compensation insights, the latest data from September 2023 shows average total compensation for Private Equity roles as follows: - Principal: $676K - Director/MD: $599K - Vice President: $363K - 3rd+ Year Associate: $277K - 2nd Year Associate: $266K - 1st Year Associate: $227K
In terms of culture, firms like The Riverside Company, Blackstone, and Bain Capital rank highly for employee satisfaction and professional growth opportunities, with The Riverside Company leading at 99.5% satisfaction.
If you're looking for more specific insights on Lightbay, Kingswood, or Highview, you might want to explore WSO's forums or compensation reports for detailed user experiences.
Sources: Private Equity firms in LA? Reputations, culture, compensation?, Thread of Private Equity Shops in Los Angeles (or nearby), West Coast Private Equity Firms with Great Lifestyles?, Keen for views on MBAs, LMM PE compensation, recruiting and port co. work
bump
Highview is a family office with ~500mm dedicated to PE. Value buyers. Kingswood is on a nice trajectory with the recent raise; also a value shop but would put them a little deeper on the value spectrum.
Do you know anything about their comp/culture?
Decent scene — ratio kinda shitty but open bar
Bump
LA scene is on fire right now
Can you offer any more detail? Wet capital raising or funds suffering? Hard to parse your comment bc some funds like LGP are doing well but Clearlake has a bunch of shitcos
He’s referring to the forest fires, brother
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