Depends on what you're looking for exactly. Both are terrific, but Genstar is top tier while EQT is becoming less relevant in the US (based on their specific initiatives to deemphasize US MM/UM buyout focus).
Going against the grain here but I think very highly of Genstar. The AUM per head might be the best in the industry with no signs of slowing down and returns have been excellent. The downside is that cash comp is low but they make up for that with co-invest.
Maximize on large cap branding early in your career if you can. I have worked counter to Genstar and respect the team immensely, but from a career perspective, go EQT.
Close call but my thoughts: go EQT. Currently a senior aso in pe (ignore title)1) NY > SF unless you have ties there2) As one of above posters mentioned, maximise brand early on. Genstar is a huge force but EQT is a global megafund which I think is important early on - you can always move downstream 3) EQT seems to have no MBA requirement according to my friendsOverall a unbelievable outcome to get both offers - you should pat yourself on the back. Genstar - big advantage seems to be culture and AUM per head. The latter only starts coming into play when you are a vp which is at minimum 4-5 years out. If you decide to do something different then EQT probably will hold you in better stead and even then a career track role at eqt is unbelievably lucrative
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Bump
Bump quick
EQT
Bump
Depends on what you're looking for exactly. Both are terrific, but Genstar is top tier while EQT is becoming less relevant in the US (based on their specific initiatives to deemphasize US MM/UM buyout focus).
So would you recommend Genstar then - your advice would be much appreciated
How about vs other euro funds in the us like CVC
Bump
Yeah probs eqt
Bump interested too
Going against the grain here but I think very highly of Genstar. The AUM per head might be the best in the industry with no signs of slowing down and returns have been excellent. The downside is that cash comp is low but they make up for that with co-invest.
Interesting - so you would pick it over an EQT, Permira, Apax type fund
EQT is the safe choice here. Genstar is awesome but wouldn't consider it the same tier.
Why do people always recommend the safe choice? If Genstar is clearly crushing it and has clear priorities in the relevant region, go Genstar
Maximize on large cap branding early in your career if you can. I have worked counter to Genstar and respect the team immensely, but from a career perspective, go EQT.
Close call but my thoughts: go EQT. Currently a senior aso in pe (ignore title)1) NY > SF unless you have ties there2) As one of above posters mentioned, maximise brand early on. Genstar is a huge force but EQT is a global megafund which I think is important early on - you can always move downstream 3) EQT seems to have no MBA requirement according to my friendsOverall a unbelievable outcome to get both offers - you should pat yourself on the back. Genstar - big advantage seems to be culture and AUM per head. The latter only starts coming into play when you are a vp which is at minimum 4-5 years out. If you decide to do something different then EQT probably will hold you in better stead and even then a career track role at eqt is unbelievably lucrative
Great comment
Can't speak for Genstar but EQT has been great, would highly recommend
Bump
Why bump stuff on the front page with multiple responses from the day?
Lol true sorry
Bump loooool
Bump
Ooof close one - would lean EQT but genstar is fireeee
Thanks all for the responses. Sorry for the person who keeps on hitting bump - it is not me…
Any other senior aso / vp / principal level people willing to chime in?
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Maiores omnis nam sit qui qui aut accusantium. Quis corrupti quidem facere. Provident rerum et error doloribus et ea. Tempore excepturi omnis et.
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A temporibus et quae cum quos sed. Iure nulla saepe beatae excepturi quia ut. Ea minima consequatur aut ut. Culpa quia accusamus aspernatur aperiam nisi accusantium architecto. Quibusdam laudantium aut aut nisi expedita sed nemo.
Cum aut consequatur iusto quibusdam dolor et. Dolor est illo et recusandae cumque enim veritatis. Dolores deserunt totam qui natus dolores hic alias at. Aut corrupti deserunt ducimus in. Natus porro iure laborum fugit qui esse.
Optio voluptatem quia consequatur sed. Tempora est maxime laboriosam ea reiciendis velit dignissimos. Et labore temporibus repellat optio. Perspiciatis quia vitae quis voluptatem.