Exodus at BX TacOpps?

Anyone notice a recent exodus at BX TacOpps lately? Have heard a bunch of people have left recently, performance hasn't been great, their next fund will be smaller in size, internal politics around sharing deals across funds. What's going on there?

5 Comments
 
Most Helpful

I imagine you’re talking about turnover at the Associate/VP level — it is really a grind. You’re basically a catch-all for whatever deals don’t fit into an existing strategy. So TacOps falls victim to a ton of adverse selection deal flow that they have to chase down to do all the work and close the loop before they kill it. It’s usually much more complex and bespoke, so every single situation is a heavy lift and has a very low yield of rocks turned over to deal getting done. You’re also now faced with a new dynamic.  TacOps used to be where the growthier stuff would reside. That was actually pretty interesting and higher probability. Growth is now a defined and separate strategy. Since a lot of the deal flow comes through other channels, you’re mostly an execution guy even through the mid-late-stages in TacOps.

 

Reiciendis deleniti eum neque quia. Labore et sed cum omnis eligendi rerum cumque. Unde ad maiores provident nisi odit accusantium. Et vel nihil nobis repudiandae non.

Career Advancement Opportunities

July 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

July 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Starwood Capital Group 98.1%

Professional Growth Opportunities

July 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

July 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $61
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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”