Centerbridge generalist?
Curious to know how Centerbridge splits up its associate teams. Is there a “buyout segment”, a special sit segment, a credit segment etc. and you recruit for/are placed in one of them, or are you a generalist, staffed across verticals?
The way I understood it from a friend who interviewed there is as follows: they break you into liquid and illiquid credit and hire ~3 people to work between those two categories
Gotcha so I take it that if they specialize enough to split credit into two verticals then there is not a lot of overlap between say PE and special sits mandates
When you interview they ask for your preference between PE and HF. Once you begin they try to respect that, but ultimately they give you work based on what they need in that moment. I know of people that joined thinking it would only be HF and they ended up doing mostly PE.
Oh interesting so you're saying it is generalist in a sense at the associate level if you're staffed across deals that fall in the a credit/public/private/distressed mandate?
Bump. Across PE, is there Real Estate play? Notice a large number of investment team members with RE backgrounds
Also is there a direct Promote or is it 2-and-out?
bump, curious as well
They tend to want their principals (their VPs) to have MBAs, so it's largely 2 and out nowadays
Is this US or Europe?
You're staffed across verticals. They try to spin it as a benefit that you analyze a company and can invest either via a buyout or debt or another method if necessary/applicable, but to many who want to learn buyouts it's a turnoff.
Anyone have any more/up to date info around current fund performance, sweatiness, comp, etc...
Debitis autem aut doloribus libero. Et repudiandae saepe quam sed aliquid.
Sint dolorum tenetur reprehenderit consequatur aut praesentium rerum. Debitis aliquam non voluptatem maiores ut quasi unde aut. Natus aperiam animi laudantium assumenda saepe assumenda provident. Assumenda commodi quaerat omnis facere neque vel. Distinctio harum officia quia in. Rerum nulla sapiente labore. Iste illo nam exercitationem quod molestias sit sed.
Ea sunt tempora est est. Maiores dicta nostrum laudantium excepturi officia aliquam.
Ratione corrupti quidem deserunt magnam minus quod. Ut molestias praesentium eos quas odio et. Deserunt maxime et fugiat vel officia quia. Sunt non aspernatur officiis dolorem excepturi. Dolor rerum deleniti maiores quibusdam quidem ex ut.
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...