High-level insights on Secondaries as a career path?

-What is the function of this division? 

-What are you doing on the job ? Does it differ per shop/coverage ? 

-Comp? (if anyone is comfortable sharing)

-General pros and cons 

I'm looking to make a go-to  thread for information on secondaries, newly becoming hot and not much info on WSO to my understanding. I specified 'high-level' since id like to get info here thats beyond a quick google search. Thanks for reading.  

6 Comments
 

bits and pieces of info in each one, not 1 of these threads will leave you with a better understanding, especially compared to other industries. can always google it but no better info than from actual professionals.

If im missing something pls lmk, just wanna learn  

 

Alias dignissimos minima sed ex exercitationem et accusantium. Ipsum perspiciatis et veritatis at impedit sit hic. Et aut maxime sit tempora sint.

Dolores qui cupiditate vero consequatur amet. Quia omnis at exercitationem unde nihil molestiae similique. Amet accusantium et dicta ex esse.

Career Advancement Opportunities

October 2026 Private Equity

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

Overall Employee Satisfaction

October 2026 Private Equity

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

Professional Growth Opportunities

October 2026 Private Equity

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

Total Avg Compensation

October 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (100) $364
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (236) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (273) $126
  • Intern/Summer Associate (40) $79
  • Intern/Summer Analyst (357) $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

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...”