Am I Losing My Mind?

Going anon to avoid outting anyone or myself.  Sorry for the long post.

Have previously worked in various finance roles at good shops and made my way up the ranks, eventually got an opportunity to join a small buyside shop in a mid/high level role and was sold on the team, interesting deal work, approach to deals and path to partner.  As you can probably guess, things have been rocky.

Given small team, we’re selective with deals, which is fine.  However, the overall attitude has slowly turned sour by the partners on every single investment opportunity, not even willing to discuss or lob in an IOI.  Eventually, I found something we’re all interested in pursuing and have reached a point where we’re doing more in-depth diligence with the seller, but this is really where shit hits the fan.

As we get into due diligence I am essentially running everything, no help from anyone else and receive extremely limited guidance except at the worst possible times...  During on-site visits, I’m meeting with target’s team members for the first time outside of passive ownership and in essentially every meeting one partner on my team shifts the entire conversation and line of questioning away from the company and directs it to me.  “What’s their process for this Anon?”  “Which person from the company records this paperwork and where does it go after then Anon?”  “Why don’t you already have this folder from them Anon?”  As I respond saying something along the lines of “we haven’t gotten to this or that yet, but will definitely get to the bottom of it, understood” the typical response is “I really need you to focus on these types of things Anon”, tone and word choice in these situations do not come across friendly.  Mind you, this is all while the target company’s team is in the room with us just sitting and listening.

Look, I appreciate a learning opportunity and welcome coaching and leadership, but this literally drives me insane.  It’s the most embarrassing and unprofessional thing I think I have ever experienced working in finance.  Maybe I’m not asking the perfect questions or leading diligence in the exact direction they want it to go at that moment, but wouldn’t the correct way to approach this be reshifting the line of questioning on your own and taking the time after the meeting to discuss how we should tackle the next steps/meetings?  Or maybe, I don’t know, ask these questions to the company members themselves who are sitting in the room?  These are essentially intro, get to know your job and processes discussions.  The approach seems wild to me.


Am I being a wimp or is this total bs behavior?

 

Laborum rerum porro quia velit. Excepturi nobis rerum sed. Et sit dolores ex maiores eaque eligendi perspiciatis recusandae. Consequatur et fugiat numquam distinctio et.

Architecto unde et non culpa. Quam et alias nam culpa voluptatem voluptatem.

Nostrum nobis reprehenderit voluptate soluta qui accusantium. Sed id dicta quia. Hic consectetur labore sapiente omnis earum et. In quo soluta qui rerum modi adipisci earum rem. Alias aperiam vel deserunt debitis repellat.

Necessitatibus quia est atque saepe. Cum est nihil dolorum a. Nam eum possimus cupiditate repellendus odit et.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (389) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”