CVC Singapore Office

I have never lived in Singapore in my entire life but I have heard of good things there.

Could we share our thoughts on this specific office of CVC? They are looking to bring in an analyst to focus on their South East Asia geography. Unfortunately, they are going to reset my experience and bring me in as an analyst if there were to be an offer.

Is it worth it? Singapore is so expensive and I am almost working for 2 years at my current middle market bank.

Thanks!

Comments (19)

  • Analyst 2 in PE - LBOs
2mo 

Stop asking if it is worth it. It is one of the best funds in the world, get the offer first rather than asking hypotheticals

  • 4
  • Analyst 2 in IB-M&A
2mo 

Stop asking if it is worth it. It is one of the best funds in the world, get the offer first rather than asking hypotheticals

If you don't want to answer the question, I can respect that but until then please refrain from making seemingly rude comments and not answering the question.  If you don't know the answer I can understand but your disrespect isn't needed. 

Most Helpful
  • Analyst 1 in Consulting
2mo 

Ignore title. Currently working at another MF/UMM PE in the region. Was approached for the same role but chose not to go ahead for reasons (it's a small industry!). A couple things to consider:

  • Learnings & Exposure: CVC has relatively good deal flow in the region. Recently did a couple landmark transactions like the privatization of Razer (gaming hardware / software), Garudafood, SOHO Health, etc. Mostly focused on consumer/retail, healthcare and technology.
  • Branding & Future Optionality: Clearly a blue-chip brand name firm that opens doors to other PE / Finance related positions in the region and beyond, if things do not work out. Also a relatively high quality team from what I gather.
  • Salary and Progression: From what I understand, CVC pays competitively (but not top tier) relative to peers. Have not seen too many progress beyond the Analyst / Investment Executive position (I could be wrong) so that would be an area to validate.
  • Lifestyle Cost: Daily expenses (food, transport, etc.) are pretty affordable. Only thing to consider is rent (ranges from ~USD $2-6k per month depending on apartment size, location), and entertainment (clubs, alcohol and the like are expensive here). 
  • Work-Life Balance: Anecdotal only and believe this applies across offices, but CVC isn't known for having the best WLB and has a competitive / aggressive culture (deal-by-deal carry). So you'll need to get comfortable with that.
  • Long-Term Plans: Do you see yourself relocating to SG / SEA for the long-term? SG is a fantastic country to settle down in (great economy / education, low / no crime, good regional travel, etc.). Your experience in the SEA PE team will be limited to transactions in the region, so not too relevant if you want to move back to the US / UK in a MF / UMM PE role. 

Happy to speak in more detail over DM.

2mo 
Tyrone-Wells, what's your opinion? Comment below:

Ignore title. Currently working at another MF/UMM PE in the region. Was approached for the same role but chose not to go ahead for reasons (it's a small industry!). A couple things to consider:

  • Learnings & Exposure: CVC has relatively good deal flow in the region. Recently did a couple landmark transactions like the privatization of Razer (gaming hardware / software), Garudafood, SOHO Health, etc. Mostly focused on consumer/retail, healthcare and technology.
  • Branding & Future Optionality: Clearly a blue-chip brand name firm that opens doors to other PE / Finance related positions in the region and beyond, if things do not work out. Also a relatively high quality team from what I gather.
  • Salary and Progression: From what I understand, CVC pays competitively (but not top tier) relative to peers. Have not seen too many progress beyond the Analyst / Investment Executive position (I could be wrong) so that would be an area to validate.
  • Lifestyle Cost: Daily expenses (food, transport, etc.) are pretty affordable. Only thing to consider is rent (ranges from ~USD $2-6k per month depending on apartment size, location), and entertainment (clubs, alcohol and the like are expensive here). 
  • Work-Life Balance: Anecdotal only and believe this applies across offices, but CVC isn't known for having the best WLB and has a competitive / aggressive culture (deal-by-deal carry). So you'll need to get comfortable with that.
  • Long-Term Plans: Do you see yourself relocating to SG / SEA for the long-term? SG is a fantastic country to settle down in (great economy / education, low / no crime, good regional travel, etc.). Your experience in the SEA PE team will be limited to transactions in the region, so not too relevant if you want to move back to the US / UK in a MF / UMM PE role. 

Happy to speak in more detail over DM.

Thank you and I am the OP. Could you please send me a DM?

1mo 
debtmonkey, what's your opinion? Comment below:

Hi would you mind PMing me? Interested in SEA PE generally, would love to exchange ideas.

1mo 
Tyrone-Wells, what's your opinion? Comment below:

Where are you located? Do you see yourself in PE long-term?

I think what's key is knowing where you want to be and what you want to do.. also btw I know GIC has a PE Analyst role which is contract based (2 years i think) - is this the same case for CVC? Would this factor your decision making?

You know, I have been thinking about your questions for the past 5 years. I am in my late 20s and I have not found a career that I wake up everyday and go: "I love doing this". The money is great and it provides convenience for me and my family but I don't think I love what I do. 
 

Everyone does 2 years banking and then goes to buyside. I am sorta going with the flow in terms of pay scale and traditional career progression that everyone follows. 
 

Do I see myself in PE long term? I do not even know. Do I even see myself in banking long term? Not really sure. I can say I like the tech industry and it makes sense because of my background.

Do I see myself living in SGN long term? I don't know. Have never been there. I know there are some Crazy Rich Asians over there but besides that, I can venture and live there for a few years. Living there long term? I don't know yet. 
 

I do not think this is a contract-based role from the conversation with the recruiter. They have not made the decision to have the first round of interview with me. I hope they don't so I don't have to go through this after reading all the good advice from you guys. 
 

THANK YOU!

  • Analyst 1 in PE - Growth
1mo 

Top name in SEA PE if that's what you want to do. Anecdotally heard that WLB there and also at other MFs in Singapore is pretty terrible and worse than their US counterparts

1mo 
repopulateMars, what's your opinion? Comment below:

I'm in the process of relocating to SG for PE gigs. Mind if I DM you? Thanks!!!

1mo 
PommesQT, what's your opinion? Comment below:

From my limited knowledge of their investment track record, the Singapore office has done okay at the least. Could be wrong. Might sound basic, but SEA and developing APAC as a region can really suck to invest in for multiple regions.

Singapore is very expensive but it depends on what you're offered. I don't get the impression that NYC or London would be any cheaper though. Also remember that the tax rate is much lower.

One thing that doesn't go in your favour though, is the PE comp here tends to be paid much lower, even at some megafunds.

If you're going in at a junior level entry role, that is interesting, because of increasingly strict expat-local hiring rules. They'd be investing a fair bit in you and tbh I'm not sure why they'd take a random person in the West and stick them into SEA coverage unless they had Thai / Indonesian / Malaysian / Vietnamese (even less likely) heritage and language skills.

  • 4
  • Works at Other
1mo 
.
1mo 
Tyrone-Wells, what's your opinion? Comment below:

PommesQT

From my limited knowledge of their investment track record, the Singapore office has done okay at the least. Could be wrong. Might sound basic, but SEA and developing APAC as a region can really suck to invest in for multiple regions.

Singapore is very expensive but it depends on what you're offered. I don't get the impression that NYC or London would be any cheaper though. Also remember that the tax rate is much lower.

One thing that doesn't go in your favour though, is the PE comp here tends to be paid much lower, even at some megafunds.

If you're going in at a junior level entry role, that is interesting, because of increasingly strict expat-local hiring rules. They'd be investing a fair bit in you and tbh I'm not sure why they'd take a random person in the West and stick them into SEA coverage unless they had Thai / Indonesian / Malaysian / Vietnamese (even less likely) heritage and language skills.

Hi there, thank you for the input. I believe I do have the native tongue manager skill per your last comment and that was what they were looking for. I declined the interview with them as they wanted to bring me in as an analyst. The recruiter was quite rude at the end but whatever. Cannot move my entire family there just because I am going to work for a Megafund.

1mo 
PommesQT, what's your opinion? Comment below:

Good call. It's pretty common for MFs and people who think that they're equivalent to MFs to try and undercut candidates that they actually want in this market.

Idk why they think they can do this but I assure you it's 100% not worth it.

1d 
boo.boo.boo.boo, what's your opinion? Comment below:

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