Chicago - Megafund placement

Hey guys,

Seems like a lot of the Megafunds do not have offices in Chicago. Saw on one old thread there were two people fighting back and forth regarding this so I just wanted to settle it out here and see what the real deal was.

Do top groups in Chicago frequently place Analysts at Megafunds? If you can confirm, and preferably name specific megafunds you get silver bananas from me. Thanks!

 
BTbanker:

More likely to end up at MDP or GTCR

I echo this. Haven't seen many Associates in NY megafunds from Chicago offices.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 
Best Response

Some Alpha Capital Partners Apex Fundemental Partners Arbor Private Investment Company Argo Management Partners Baird Capital Partners Baker Tilly BDT Capital Partners Benford Capital Partners Bounds Equity Partners Bridge Investments Caffrey Capital Partners Caldera Capital Partners CHS Capital CIVC Partners Cloquet Capital Partners CM Acquisitions Cognitive Capital Partners Cressey & Company DN Partners The Edgewater Funds Equity Risk Partners Expedition Capital Partners First Analysis Corporation Flexpoint Ford Forest Hill Partners Frontenac Company Fulton Capital Gateway City Capital Generation3 Capital Geneva Glen Capital Glencoe Capital GrowthPath Capital Hadley Capital Heico High Street Capital Hilco Equity Management Hispania Capital Partners Inoca Invision Capital Iron Range Capital Keystone Capital L Squared Lake Capital Partners Lake Pacific Partners LaSalle Capital Group Madison Capital Partners Madison Dearborn Partners Magna Capital May River Capital New Harbor Capital Nicolet Capital Partners North American Business Development Co North Branch Capital Pfingsten Partners Prairie Capital Promus Equity Partners Prospect Partners Red Barn Investments Ridge Capital Partners Rock Gate Partners Rock Island Capital RoundTable Health Care Partners Rural America Fund, Inc. Sheridan Legacy Group Shore Capital Partners Silver Oak Services Sterling Partners Svoboda Capital Partners Synetro Group Thoma Bravo Titan Equity Partners TSI Holding Valor Equity Partners Vernon & Park Capital Vistria Group, The Water Street Healthcare Partners Waveland Investments White Oak Group Wind Point Partners Winona Capital Management WMG capital Wolf Point Woodlawn Partners Wynnchurch Capital Z Capital Partners

 

ASP is not really a PE firm in the traditional sense. They do PE secondaries, VC/GE through their fund contacts, FoF, and some co-investing. However, they are very large, but the types of funds they run are not quite as lucrative from a fee perspective.

 

Chicago PE has seen a fair amount of struggles in recent years - two of the larger firms, CHS and Lake Capital, are both closing shop.

One larger player that no one has really touched on yet is BDT Capital, Byron Trott's firm, but probably the reason for that is because it's really secretive (no website) and it's more a merchant bank than a traditional PE firm.

 
CHItizen:

Chicago PE has seen a fair amount of struggles in recent years - two of the larger firms, CHS and Lake Capital, are both closing shop.

One larger player that no one has really touched on yet is BDT Capital, Byron Trott's firm, but probably the reason for that is because it's really secretive (no website) and it's more a merchant bank than a traditional PE firm.

How would you go about finding employment at BDT?
 
amach3:
CHItizen:

Chicago PE has seen a fair amount of struggles in recent years - two of the larger firms, CHS and Lake Capital, are both closing shop.

One larger player that no one has really touched on yet is BDT Capital, Byron Trott's firm, but probably the reason for that is because it's really secretive (no website) and it's more a merchant bank than a traditional PE firm.

How would you go about finding employment at BDT?

You wouldn't. They would find you. It is a true merchant bank and does more advisory than investing from my understanding.

 

Surprised no one mentioned Merit Capital and Beecken, Petty, O'Keefe & Co. By no means megafunds but firms that have raised multiple funds so they must be doing something right, right? BPOC has raised 5 funds to date (4 under current name); Merit Capital 5 funds as well, the latest around $600mm. Not mega, but no slouch either for those striving for that eternal sunshine PE job.

 

Itaque distinctio voluptas quod laboriosam et nulla et. Repudiandae reiciendis veniam totam quibusdam odit ut provident. Ea eos pariatur quisquam hic fuga quia. Hic quod quis voluptatem possimus quis. Et sed error tenetur voluptate sunt placeat et sapiente. Saepe non qui reprehenderit ea numquam nulla. Quisquam quod rerum amet ut neque excepturi.

Laborum tempora officiis praesentium nihil. Facere et et velit ea sed ea neque. Quasi nostrum hic alias culpa amet quis illo. Enim placeat non perferendis rerum quam occaecati. Est asperiores magni aperiam aut nihil tenetur pariatur.

Assumenda asperiores nostrum doloremque odit. Excepturi omnis similique veniam rem sapiente occaecati. Reiciendis itaque deserunt omnis sapiente temporibus. Ex sit quod enim tenetur hic velit adipisci.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
kanon's picture
kanon
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”