Anyone have any insights to any Houston, non-energy PE shops? Looking for both list of firms that exist and any reputations / thoughts, etc.
Off the top of my head (but please add any, this definitely isn't all of them):
Main Street
Sterling
Cap Street
[Any Others]
Thanks
| +26 | How to Secure Higher Carry Award Before Promotion | 5 | 3d |
| +21 | The Difference Between a Good Business and a Good Acquisition | 5 | 10h |
| +19 | Carried Interest Tax Question | 3 | 6d |
| +14 | Partners misalignmet common? | 4 | 52m |
| +13 | Leave MF PE for FP&A Manager at Top Company? | 21 | 1d |
| +12 | H.I.G GP Solutions / Secondaries Team | 3 | 9h |
| +12 | Career / Life Crossroads | 1 | 1d |
| +10 | How to prep for HH calls? | 3 | 1d |
| +7 | Wildcat (family office) - senior associate hiring | 1 | 2d |
| +7 | Stepstone PE Modeling Test | 3 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Genesis Park over all if you can get an offer there
Agree that Sterling and CapStreet are the top options. Also generally speaking are the two (non energy) firms in Houston that are the most standard MM PE for recruiting. Pre-MBA juniors, Post-MBA midlevel and up.
Any more color on the Main Street pay & culture? Know they like to hire analysts off campus and are willing to direct promote to all levels.. probably has something to do with the lower pay. Some of the newer non-energy shops listed are being founded by former Main - Genesis and Clovis seem to have Main backgrounds. Is the turnover mentioned primarily at the top, bottom, or all levels?
Are you set on Houston, or open to renewables shops? There's a solid non-energy scene in Dallas and Austin, but the list of MM/LMM in Houston outside the energy space is not that long.
I feel like HHs are constantly reaching out about positions at Main Street (for years), people must not like it there
Have heard pay is definitely below market, but WLB is pretty chill. Tho hard to judge quality of the fund when capital pool is fixed (public)
Any info on what the pay range is?
Sterling crushes it, sweaty af but pay is known to compensate for it. Heard CapStreet has a great culture.
If it’s helpful, Sterling comp is 270 all in
Any carry? And do they look at Houston firms?
They recruit from Houston, source: Had a superday last year (from a Houston MM)
Sterling uses GoBuyside.
Dolorum eius eaque non odio odio. Voluptas sapiente porro consequuntur nostrum. Delectus dolor illum beatae dolores quis. Nihil dolorem cumque expedita laboriosam eos aliquid quisquam. Accusantium veniam temporibus ut illo soluta molestias. Et repellendus omnis sit quisquam beatae laborum.
Aspernatur ratione aperiam nisi natus molestiae voluptatum. Quisquam cumque nisi eius maiores accusamus. Odit quasi dignissimos alias delectus laboriosam quasi et.
Fuga in nihil et repellat reprehenderit ipsam. Beatae et maxime dolorem sit ut. Ut possimus maiores asperiores molestias ut ex temporibus magnam. Veniam laboriosam qui dignissimos rerum magni. Sequi accusantium amet exercitationem dolorem tempora est.
Magni quia dolorum sunt odio. Aut eum voluptas deserunt laborum nihil. Optio nesciunt sit expedita ut. Et natus voluptatem officiis quo aut labore corrupti. Molestiae est ex in nesciunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...