26 North in 2025

What are current views of 26N in 2025? Seems as a Josh Harris founded firm, they'd be able to do pretty well for themselves and do whatever they want but it seems like there's minimal news on this place and even less known about the culture. Would anyone be able to shed some light on culture / comp / deal activity and type? Would they be a good choice over a reputable UMM/MF PE name given Josh Harris and his connections for someone looking to do PE long term or would it be better to stick to traditional UMM/MF funds with established histories? Would appreciate any insight on the firm.

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they have done 2 PE deals... gym platform, and an AV services platform. they have 30 bn AUM, i think  8-10 (maybe more) is Josh's, as 26 north is now the investment advisor for his family office entities. unsure about the culture, there was some turnover, 2 day 1 partners, the CFO/COO who was with him at Apollo left, and the head of biz dev/IR she is no longer there. 

 

Have a friend there; it is super sweaty and the culture is mediocre at best. You get a lot of responsibility early on, very much trail by fire. However, it is also a career-tracker role at the a 5bn+ first time fund with a clear path upwards for associates joining and for the broader firm. There is not many PE firms where you can say that for. Up to you if you want to take that trade-off. Depending on how strongly you want to stay in PE, I think you can justify picking it over most UMM/MF offers pretty easily.

 
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It was CPI, unsure for the upcoming classes as HH for firms change fairly frequently. If you are targeting longer term career in PE, think 26N is a phenomenal seat. There's not exactly many multi-billion dollar first time funds out there.  

 

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