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Happen to know VPs in 3 of the 4 sectors. Not sweaty comparing to other MFs. Teams are super lean except for tech/digital. Promotion is the straight forward 2+2 and pretty much guaranteed to VP if you don't leave.
The promotion comment is inaccurate
if you can grind for at least 3 years the VP seat is pretty much yours aside from politics, most people left before the 2 year mark...
dd
Lol at the not sweaty part
This whole comment is wrong except for digital not being lean
This entire comment is wrong as a roommate to someone who works there. Consumer and HC have good WLB and people are nice.
Tech and Services are both very sweaty but Tech also has the best returns at the firm.
chill OP msged me long ago and I told him the same thing you said.
What do hc/consumer hours look like?
Who is the headhunter for them?
Dynamic
Have heard from a friend at Apax that the buyout team has filled their associate classes.
Apax Digital still has spots remaining I believe, Glocap is their headhunter.
Del
Buyout and Digital both haven't gone for 2026.
Apax Digital is a revolving door at the junior level with what I've heard is some of the worst hours in growth equity / potentially as bad or worse than buyout (though fund 1 is apparently doing quite well). FWIW worked with them on a sell-side growth buyout recently and their two associates were both extremely sharp. Probably a great training ground but from what I saw around how hard they got worked and how insanely detailed / at times pointless their diligence requests were, would probably avoid unless comp is top top of market.
Buyout is also extremely sweaty - first comment is inaccurate. Have heard healthcare and internet consumer aren't as bad, but tech buyout, digital, and services are all sweatshops at the associate level.
can you DM? just have a few questions about specific group im interviewing for
are u interviewing for an associate 2026 or analyst role?
i said not as sweaty as other MF, not that they are not sweaty bruh. internet consumer isnt bad their healthcare is tiny but yeah their tech is very bad. digital is okay at VP level
Apax Digital is a sweatshop, but would caveat: it's a growth area(haha) for the firm and has a position for economics growth (i.e. not many seniors are already established and strategy is going, so you are much more likely to get carry if you're good and willing to stay). Would agree on the sweaty and pointless DD requests that just add extra work for no reason. Fund is in fact performing well though, so it might be pointless but not harmful for the overall fund(just for the junior's mental health and life, but then again that's every top GE fund).
Anyone got insight on their analyst program?
Sometimes 120hr weeks lol, latest someone has left before was like 12pm the next day
is this firsthand?
120 hrs is pretty unheard of outside of maybe APO, H&F types. Most I have seen here is 105/110.
Services is the equivalent of Warburg IBS before Geveda left. Extremely sweaty and also taking the heat from overall services headwinds
wtf
Ok
Can confirm. Services team is extremely sweaty (120+ hr weeks regularly) and culture is toxic.
OP here - services is sweaty but not 120+ hrs. More like just 85-100 weekly which simply adds up. Tech also does those hours I think.
No one is doing 120 unless you are at APO on a massive deal or Clearlake trying to stop your portcos from going bust lol
They have not filled any 2026 associate positions. Their buyout side is intense but in line with other UMM/MF.
Team differs. Services team do traditional LBOs with roll-up strategies (add-ons are time consuming) so a constant stream of work. but you learn a lot through that as an associate. Good performance from that team.
Healthcare and consumer teams are good with wlb. Tech is intense and one of the principals is from GS PIA. My roommate used to work at GS in a different group and heard horrendous stories
what is the healthcare and consumer wlb like more specifically?
Varies clearly. Averrages to 10-11 hour days with limited weekend work.
Junior class has high churn / lots of politics at mid-senior level
isn't this the case at every large fund?
Politics yes. Junior churn no.
Most theirr VPs were promoted from associates and from that, junior chuns are driven by head count contraints. Politics yes and more so at mid senior levls because they don't attribute deal credit (no deal carry, no deal tracking to the deal team) and it comes down to who's buddies with who. Can't tell if more so than other shops cuz that is the case at many places,
Junior churn is because of people quitting not headcount
their junior turnover is horrible, many quit way before the 2 year mark. they weren't this lean 4-5 years ago
Any updated views specifically on the services team?
theres 50 comments on services what more do you want bud?
Based on the very obvious bumps from different people specifically targeting 1 vertical in 1 location of this very large firm every 1-2 days, I'm going to assume Apax Services NY has a process ongoing haha
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