By AUM (or current fund size), how big are firms that are considered upper middle market.
Further, I had thought $10bn is the approx. cut off for being considered a megafund - but it seems like a ton of firms that aren't considered megafunds are well above $10bn (ie MDP). Does this $10bn refer to the fund they are currently investing out of?
| +126 | What’s “the path” now? | 51 | 53s |
| +76 | Is Everyone Too Bearish on PE? | 20 | 3h |
| +45 | Why would anyone do PE in long term in 2026? | 12 | 19h |
| +35 | 3rd Year IB Analyst, Top Bucket, Still No PE Offer. What Would You Do? | 18 | 1d |
| +25 | Is This Normal in LLM PE | 10 | 2d |
| +24 | Q&A: What It’s Actually Like Working at an Independent (Fundless) Sponsor | 4 | 18h |
| +21 | UMM PE or High Paying Strat Finance? | 7 | 14h |
| +21 | Striking out in last rounds | 2 | 2d |
| +20 | On Cycle Preparation | 8 | 23h |
| +16 | Would you use a centralized sponsor research page before meetings? | 6 | 5d |
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.
Modi incidunt magni molestias laborum. Explicabo ipsum accusantium aut. Ad odio fugit nobis ut.
Mollitia quo voluptatem ipsam perspiciatis. Cumque cum officiis aliquam dignissimos assumenda adipisci ipsam aut. Illum hic laboriosam pariatur facere et rerum. Minima tenetur ea voluptatem eaque illum distinctio. Perspiciatis alias iure beatae omnis saepe. Quisquam porro velit velit sapiente suscipit quis. Pariatur veniam necessitatibus sed.
Distinctio corrupti dolores aliquam sit alias rerum possimus. Et alias beatae voluptas est aliquid debitis. Provident voluptatem adipisci labore amet voluptatem.
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...