LGT Capital Partners - Private Equity Analyst Full time (URGENT!!!!!)
Hello everyone,
I am a final-year Bachelor’s student at a European target school, with a focus on M&A and private equity. I have completed several mid-market (MM) M&A internships and some local private equity experience, but unfortunately, I couldn’t secure a summer analyst position in London. My original plan was to pursue a Master’s degree at another European target school, then reapply for a summer or off-cycle internship at a bulge bracket (BB), elite boutique (EB), or top mid-market (MM) bank in London, with the goal of converting that into a full-time role and ultimately transitioning to private equity after 2-3 years in investment banking.
However, I’m currently interviewing for a Private Equity Analyst role at LGT Capital Partners in Zurich, specifically within their direct investment team. They provide capital to the managers so they don't engage in the operation of the company.
The role offers an attractive Swiss salary with lower taxes, but I’m uncertain whether I should consider this opportunity
LGT Capital Partners emphasizes strong financial modeling and technical skills in their job description
"We provide comprehensive equity capital solutions to private equity fund sponsors and their portfolio companies. In many transactions, we act as a co-underwriter alongside fund managers and their deal teams, which adds significant value to their bidding process and allows us to secure larger allocations to transactions. We also offer alternative and targeted liquidity solutions for their existing portfolio companies through our direct secondaries activities."
Could anyone please tell me is this a good opportunity and what are the exits from LGT Capital Partners?
Thanks everyone in advance
May I ask for the salary ?
DM please
DMed you!
I think they are mostly co-investing in direct PE investments? If the case, not ideal if you hope for a more active role. But can be a sweet gig with good comp and fair working hours if you are looking for something like that.
LGT Capital Partners is known for their FoFs, but they have been expanding their directs team over time (to enhance returns and because evergreen strategies are often built using co-investments and secondaries). Also they have been expanding direct equity secondaries and according to their webpage that's also part of the direct teams task. You will get exposed to a number of GPs (good to build contacts) and it is probably the best team in the firm to get modelling exposure. Their reputation is good in Europe (especially DACH) and I have seen exits to some European PE shops, but as already mentioned it is not the best place to get into directs. Other exits, other FoF shops, family offices, endowments, SWFs, banks wandering into co-investment/secondaries...
Honestly, it is a stable company (meaning they don't hire and fire a lot, there is however turnover in the analyst class, so check exit ops on LinkedIn), but maybe a little bit boring and slow moving for ones taste. They have grown a lot over the past years and are catching up with building a modern infrastructure and mindset. Depending on the team it can be quite political. I wouldn't say their analyst salary is amazing for Switzerland, but you get rewarded over time (i.e. if you stay there long enough). I'm not talking about London style PE salaries, but above average for Switzerland and the FoF field in Europe. The office is in Pfaffikon, which is a rather soulless tax haven about 30min from Zurich.
Any colour on salary levels for assoc / vps and up? Thanks!
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