Out of undergrad they hire kids for either their Business Development Analyst (Sourcing) or the Financial Analyst (execution). Completely siloed which is a huge turnoff for me personally unless you like just sourcing all day. If you want to be an execution monkey, I'd recommend going the IB path.

Interviewed for the analyst class last year and my first round was with a Principal and super tough. Honestly not mad about it though given the split teams and below market comp. Decent fund tho.

 
Most Helpful

K1 does take kids for specific roles, but they are great about teaching you all parts of the deal process. For example, as a sourcing analyst, you would be taking your investment pitch from first contact to eventually pushing it through the investment committee. The bad part is that the pay is not great, they will work you hard, and possibly throw you away after. They started up in an era of low interest rates and they only invest in B2B SAAS companies with particular metrics. They can't find any deals right now and are learning that they overpaid for deals in the past few years. They are cutting people left and right and I don't think they will be able to drive strong returns with their newer funds. The culture is pretty cutthroat (firing someone at 7 PM two days before Christmas over a zoom call and not acknowledging that person was cut loose to even their own teammates). I would not work there due to the culture but you will have pretty solid exit ops. I have heard of some of the Analysts that got laid off landing solid roles at shops that pay street.

If you want to get into PE out of undergrad and know that banking is not for you, I would consider it an option with the idea of being there for a couple of years and jumping ship to another PE shop. Just remember that it is temporary, your bosses will kind of suck, and you need to be ready to be laid off at any time.

Edit: one more thing to think about is the fact that the firm is extremely dominated by males, so if you are a woman it may not be a culture fit.

 

Totam sit alias aut veniam laudantium aut sed. Eos nostrum numquam in assumenda. Enim vel aut voluptatibus quia. Sint illum et dignissimos nemo quaerat.

Temporibus porro laudantium deleniti qui. Quidem nulla libero sit quam molestiae. Velit velit odit ea quia. Et sint architecto eum.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
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...”