Cinven - duration of associate / principal programmes (Originally Posted: 09/30/2015)
Hi guys, i checked out Linkedin profiles of some of the associates and principals at Cinven and it seems that their associate programme lasts 3-4 years and then they become principals for another 5+ years. Can someone confirm the duration of those programmes and how likely it is to get promoted to principal? 5+ years as principal sounds like a lot, unless it is because the firm does not have director-level. I am talking about the London office. thanks
I don't know Cinven that well, but it's very common for European PE to have only 3 levels (Associate, Principal / Director / VP, Partner / MD). So the time your listed in each position is quite normal for associate level and i'd say 5 years at principal level is probably light, would think promotion to partner happens after 6-8 years at the earliest (they do have senior principal though I just noticed on their website). Generally speaking, Euro PE funds (or companies in general), promote people at a much slower pace than in America.
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Cinven - duration of associate / principal programmes (Originally Posted: 09/30/2015)
Hi guys, i checked out Linkedin profiles of some of the associates and principals at Cinven and it seems that their associate programme lasts 3-4 years and then they become principals for another 5+ years. Can someone confirm the duration of those programmes and how likely it is to get promoted to principal? 5+ years as principal sounds like a lot, unless it is because the firm does not have director-level. I am talking about the London office. thanks
I don't know Cinven that well, but it's very common for European PE to have only 3 levels (Associate, Principal / Director / VP, Partner / MD). So the time your listed in each position is quite normal for associate level and i'd say 5 years at principal level is probably light, would think promotion to partner happens after 6-8 years at the earliest (they do have senior principal though I just noticed on their website). Generally speaking, Euro PE funds (or companies in general), promote people at a much slower pace than in America.
Cinven case study (Originally Posted: 08/22/2015)
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Rerum tenetur dolorem ab sed hic. Nemo consequatur voluptatum laudantium ea sunt commodi autem. Repellendus quae consequuntur officiis explicabo atque et officiis. Facilis id in molestiae minus qui quaerat. Mollitia qui et sapiente et sunt beatae voluptatibus. Qui minus et quo beatae atque.
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