Breaking into buyside secondaries

Anyone have experience / advice here? Currently a second year analyst at a MM investment bank in the tech group and we do in-house M&A.

Read on some other pages that the smaller players might be better from a carry perspective. Would appreciate any insight

4 Comments
 

My good friend is a principal at a smaller secondary shop and is killlllling it

 

He is a principal at a fund with 300mm aum and his carry take is around 13% of the total 100%. Even analysts get carry at his firm.

Base and bonus is under market but he is the happiest guy I know and works only like 50 hours

 

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