Given all the recent threads on Apollo, with most info focused on the US, I think it would be useful and relevant for everyone to have more of a London view on them since there's honestly not much on Apollo London on WSO.
- How active is their London team? Where do they focus investments in Europe?
- Is (non) work/life balance the same? I'd assume it's a bit better given that it's in Europe.
- How much does comp vary vs US?
Any info or personal experiences would be great.
Bump
I'm assuming work/life balance should be better as comp is lower in UK/Europe for most firms.
that’s not how it works, just take IB for example
IB is tougher in London? Find that hard to believe
it’s not easier sir. if anything there are groups that are even more intense. and all for like 60% of the pay that their US counterparts get. it’s sad really. but no choice at the end of the day for them. I would think PE works just as hard as the NYC folk - on the pay front I’m not sure what the differential is but I pray to god it’s not a 40% haircut like the IB folk!
I worked at a top BB (GS/MS/JPM) in London taking principal risk for the firm, and can confirm that we were one of those teams making 60-70% of what our NYC peers were making, and working almost double the hours. Likewise, promotion tracks tend to be much shorter and standardized in the US than in Europe. In my group, an analyst would become associate in 2-3 years tops in NYC, but in 4-5 years in my team in London. Likewise the next jump to VP typically took 2ish more years in London.
I would also add that most US locations (save NYC and LA) are not going to be on par with London, so you can't really generalize on US vs London. This has been my own, and some of my peers' experience. For instance, one friend (BB, not GS/MS/JPM) moved internally from London to offices in SF where they told me everything felt very provincial - relaxed atmosphere, probably 30-40% fewer hours than London, and teammates not of the caliber of London peers...but all paid the same or more than people in London.
Just further evidence that London is not an easy-going, super friendly place to work compared to the US as a whole. You should generally expect similar to worse hours and money than in NYC/ LA.
It's a really important myth to dispel, because I saw people transfer from NYC to London at my firm mainly chasing a dream of a better work-life balance, only to find out it was actually orders of magnitude more brutal here. They did not last long thereafter, and everyone was worse off for it.
Et laboriosam dolores rerum explicabo illo. Voluptatem quam fuga quo nostrum. Optio commodi quaerat similique in.
Optio nobis eum ipsum aut voluptas molestiae rerum. Impedit dolorum consectetur dolorum et ipsam voluptatem quaerat consequatur. Quis omnis deserunt iure nihil expedita unde qui. Nesciunt suscipit voluptas autem aut ut repellat.
Rem voluptatem eum delectus veniam aliquam. Adipisci aperiam laborum impedit eum totam soluta. Deserunt eligendi ea dolores quia est provident. Ratione laboriosam ipsam harum est quia nam dignissimos doloribus. Fuga consequatur aliquid est suscipit et aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...