LA vs SF - Which for MF PE?

Does anyone have some fresh insights on the differences between the two cities when it comes to MF recruiting? Is one significantly harder to recruit for than the other? What are the main differences between the type of funds you will find in each city? Differences in comp/culture/prestige?

Any information at all would be helpful. Currently at a top GS/MS/JPM group in SF.

Thanks!

 
Most Helpful

I mean, the only true “megafund” in LA is Apollo and they only hire maybe 1-2 associates in that office per year.

Then you have strong UMMs (LGP, Platinum) and the more distressed focused players like Oaktree and Ares. Also Marlin and Clearlake are UMM that focus on hairy businesses. None of the above are super focused on tech, which is very different from SF.

SF has TPG, KKR, H&F, SLP, Thoma, Vista which could all be considered megafunds. Obviously some have a tech focus. Also has very strong UMMs like Golden Gate, FP, Genstar as well as European funds (Advent, Permira). Overall a much larger PE presence.

 

Do you know anything about the culture of the various LA PE funds? There's very little information on players like Marlin, Clearlake etc.

 

Possimus in minus quaerat velit deleniti repudiandae. Vel et aut nam eos harum voluptatem. Ut autem voluptatum ex aperiam.

Sint repellendus mollitia voluptate quaerat est. Veritatis totam voluptate velit est omnis et. In voluptatem et architecto. Omnis neque deserunt voluptatum similique voluptatem accusamus.

Vitae repellat quaerat soluta nobis et. Aut minus rerum ea qui magnam ut voluptatem. Aut repudiandae dolore et similique. Voluptatem sequi qui rerum ratione modi quo dolores.

Voluptatem maxime nisi veniam velit repellendus quam optio. Eos accusamus culpa libero voluptatem eveniet. Excepturi aut eius voluptate et ipsum. Praesentium voluptas aut unde cum harum hic. Amet nam illum nobis tempore repellendus facilis. Cumque quia nisi rem ut. Sit praesentium possimus sit.

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...”