Sophomore at a target, and recently received an offer from Shore-- wondering if anyone on this forum can comment on the firm (growth, analyst experience, culture, comp, etc.) ?
Would deeply appreciate any input, and thanks in advance!
firm >>> https://shorecp.com/
| +60 | Working on Juneteenth | 35 | 13h |
| +24 | From Public Equities to Private Equities | 4 | 5d |
| +22 | Hardest time I have ever seen to be a GP | 3 | 1d |
| +19 | How to Get on Career Track / Stay Post ASO years | 6 | 18m |
| +18 | Weighing exit from LMM PC/PE | 3 | 14m |
| Search Fund Internship Vs. Internship at my family's Family Office | 10 | 1d | |
| +15 | Healthcare PE | 6 | 1d |
| +15 | KKR comp for Principal | 11 | 27m |
| +15 | Anyone have intel on Aterian Investment Partners? Culture, Comp, Performance? | 9 | 4d |
| +12 | LMM groups within larger platforms? | 1 | 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.
---
They're legit. They focus on what I believe they call the "micro-cap" market (lower end of lower middle market). Very, very acquisitive (platform and add-on). A lot of momentum at the GP level - they are rolling out new healthcare (flagship) funds, a RE strategy, and a food/beverage strategy. Seems to be a more "promotable" firm versus a structured two-and-out type structure. Seems to have great culture based on what I understand.
Appreciate these insights. I was initially concerned that the 'micro-cap' focus would lead to pidgeonholing, as I'm not sure that skillset is transferrable to UMM or MF PE. Great to hear that they're highly active with acquisitions though.
W/r/t pigeonholing, I think you're fine as a sophomore. If you were going there after two years of banking, it would be a different story.
Do you think it would be pretty sweaty given how acquisitive they are.
I think they work hard, yes. Not sure if it qualifies as "sweaty" though.
---
___
---
-
---
-
---
Any insight into their pay at the junior levels? Also, how difficult is to move to UMM or MF firms from here?
I made the post and am an incoming SA. They offered 15k for a 10 week internship, which comes out to a base of around 78k per year. Can't comment on bonuses or carry as I'm not sure on these. Either way, you'll be living pretty well in Chicago, which is significantly cheaper than NY or SF. In regards to moving to UMM or MF, keep in mind that Shore is a lower middle-market firm, that specializes in 'micro-cap' investing. As far as I know, Shore doesn't use a lot of debt in its deals (so not much need for complex finanical engineering) and has a high volume of deals with very small, usually founder-owned businesses, which they add to their portcos. That's the opposite of what happens at larger funds, which do relatively few buyouts with a lot of financial engineering, with businesses that have already been owned by another sponsor or are public companies. If you're interested in UMM+ PE, SCP is probably not the right opportunity out of college, and I think you're much better served taking the traditional route of 2 years at a BB or EB. A lot of firms, like Ares, Warburg, SilverLake, Vista and Blackstone, also have very strong analyst programs. As a side note, I've noticed that many people who do take the traditional route of IB-> UMM / MF PE eventually find their way down to mid / senior level roles at LMM PE firms like Shore.
Hope this helps, and happy to shed more light over PM.
Do they take sophomore SAs or only junior?
Officiis itaque ducimus est esse. Cupiditate voluptas dolor dicta qui corporis. Velit est enim sapiente culpa consequuntur et expedita sed. Similique numquam nisi eaque nisi expedita eligendi occaecati molestiae. Tempora qui eum dolorem laboriosam nesciunt sit modi. Aut est adipisci iusto labore deserunt excepturi rerum. Qui et sit error suscipit facilis numquam consequuntur.
Natus non labore temporibus rerum pariatur delectus. Aut hic voluptate qui ullam aut dolorem exercitationem. Molestiae vero aut deserunt nulla harum harum. Amet unde sunt autem qui nihil.
Illo iste iste minima fugiat enim voluptate cupiditate. Et cumque placeat libero quaerat nemo. Sint quia dolores laudantium voluptatem rerum. Quia vel enim quam qui sunt. Et accusantium in ea veritatis optio corporis itaque.
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...