L Catterton — Still Extremely Sweaty?
Have heard historically the flagship fund was very difficult to work for but not sure if that’s changed at all in recent years.
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Based on the most helpful WSO content, L Catterton, historically, was known to be a relatively relaxed place to work, especially before its merger and rebranding as L Catterton. The firm primarily focused on consumer investments and had a reputation for being a cushy job, with senior employees often absent from the office between Thursday lunch and Monday lunch during the summer months. However, there isn't specific information in the dataset about whether this dynamic has changed significantly in recent years post-merger.
Sources: Making Partner at a Megafund, Warning re: LMM PE, Is there a future for non-quant hedge funds?, Are Hedge Fund Employees Structurally F***ed, (Mis)adventures in PE fundraising (part 2)
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