Bad Faith Senior Behavior
How do you deal with bad faith senior behavior? For example, "show me the man and I'll show you the crime" situations. Manufactured narratives of errors that are irrelevant, while good work goes unnoticed. Forced, unproductive frame control in bad faith.
Do you ever get "help" from Partners at your firm? Do they ever actually contribute to portfolio company value creation, winning contested good deals, sourcing legit opportunities, etc.? Or do they just pepper you with irrelevant questions?
I am a mid-level trying to calibrate how toxic my firm is relative to "market". Working for some of these guys is slowly turning me into a Bernie Sanders supporter (something I would've classified as absurd 5 years ago).
Dealing with bad faith senior behavior can be incredibly challenging, especially when it feels like you're being set up to fail or your contributions are being overlooked. Here are some strategies to navigate this situation:
Document Everything: Keep a detailed record of your work, including emails, meeting notes, and deliverables. This can help protect you if you're being unfairly targeted or accused of errors. It also provides evidence of your contributions and achievements.
Seek Allies: Identify colleagues or other seniors who are supportive and can vouch for your work. Building a network of allies can help counteract any manufactured narratives or bad faith behavior.
Stay Professional: As frustrating as it may be, maintain a professional demeanor. Avoid engaging in confrontations or retaliatory behavior, as this can be used against you.
Focus on Deliverables: Ensure your work is thorough and well-documented. If you're being peppered with irrelevant questions, answer them succinctly and redirect the conversation to the core objectives.
Assess the Culture: It sounds like you're already questioning how toxic your firm is relative to the market. If the behavior you're experiencing is pervasive and systemic, it may be worth exploring opportunities at firms with healthier cultures.
Leverage Feedback: If possible, seek constructive feedback from other seniors or peers to ensure you're not missing any blind spots. This can also help you calibrate whether the criticism you're receiving is valid or purely in bad faith.
Consider Escalation: If the behavior crosses a line into harassment or creates a hostile work environment, consider discussing the issue with HR or a trusted senior leader. However, be cautious and ensure you have evidence to support your claims.
Regarding your question about Partners contributing to value creation, it varies widely by firm and individual. Some Partners are deeply involved in sourcing deals, building relationships, and driving portfolio company success. Others may focus more on high-level strategy or, unfortunately, engage in unproductive behaviors like micromanagement or irrelevant questioning. If you're consistently finding that the Partners at your firm are not adding value and are instead creating a toxic environment, it may be a sign that the culture is not aligned with your professional goals.
Ultimately, if the environment is eroding your motivation and mental health, it might be time to consider a move. There are firms out there with healthier cultures and more supportive leadership. Good luck!
Sources: Toxic bosses in CRE, How to manage bad 1st years?, Quitting IB in 2023 - Burnout, Garbage Work From IB Analysts, Analyst Burn Out Tips (Surviving COVID, WFH, and The Sweatiest of Shops)
Very common. It’s kind of the norm. Everyone at a PE firm is usually trying to push everyone else out.
Yeah pretty much this is common throughout the industry. I ran into this at my old fund(s). Fundamentally PE is value extraction and it manifests at the fund level in terms of everything being a zero sum game (you're all fighting for a piece of the pie). If you find someone you can stand working for and that also provides real mentorship.. hold on tight.
Well said man
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