How many years as VP until Principal?
As the title suggests, what do you think is the typical # of years at the VP level before Principal promotion?
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I’ve seen 2 years but that’s rare. Typical is 3-5 years
Thanks
Depends on what role sr associate plays (is that a junior vp or just a title bump to an associate), if firms have just one "principal" title (no vp), etc.
but in general I'd say 4-5 yrs
Thanks, yeah I'm talking traditional U.S. middle market buyout firms with associate/VP/Principal path. Trying to get a sense if my firm is market here or longer.
Then yeah I'd say 4-5 with the caveat that smaller firms are often less structured so you might see less rigid timelines. The deal market is also not doing anyone any favors this year.
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