Can anyone please comment on life at LGT now, especially at the analyst/associate level? How is culture / hours, comp, performance etc? Currently in undergrad (ignore title) and have always been curious about them. Especially since they just opened a new SF office.
| +120 | Which PE Firms are going downhill? | 91 | 2s | |
| +36 | Pro tips to exercising during ASO stint | 15 | 2m | |
| +30 | Which PE firms are on the rise? | 43 | 10h | |
| +19 | Is there any point learning a European language for PE recruiting (London) | 17 | 1d | |
| +17 | Private Equity in SEA | 7 | 3d | |
| +17 | How to prepare to break into PE | 7 | 39m | |
| +14 | Anyone know if search funds would intern a HS junior trying to gain experience | 5 | 5d | |
| +14 | Current European Leveraged Financing Terms Superthread | 7 | 14h | |
| +13 | Quality of PE Associates | 7 | 2d | |
| +13 | Earn-out modeling between seller and buyer | 3 | 15h |
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.
Bump
Bump
Bump
Anecdotally in Switzerland their comp was below market.
Happy to hear from anyone with more information
If anyone has insight on NYC/SF comp would be much appreciated
Heard from HH total comp for associates is close to $300k
Understood they might be new to US but any insights on how well they perform in Europe and Asia would also be very helpful
LGT is not new in the US
bump
Know the firm well.
Great firm with a strong culture. Company currently growing from a SME-type firm to a international and more institutional player. Comp somewhat underwhelming on analyst level but scales rapidly afterwards with well above average comp down the line. Hours are very team dependent. Investment team 55h-70h maybe 80h during peak deal activity.
Very helpful, thanks so much for the insight. Any color on what analyst base/progression looks like?
Can only give my view based on my interaction with them in Europe.
Decent fund with a big focus on culture and providing good WLB. Pay is below market, think A1 in London is like £55k with 20-30% bonus. Even for seniors, it does not get good, but I guess you get compensated for culture. They are good in credit, less so in PE. Probably don't / are not active in direct PE, more secondaries, etc.
From which year are those numbers? Seems low.
This year, have mutual friends who works in the London office
Would question that credit is better than PE. LGT has been in PE for the last 2 decades or so and has built up a strong reputation among GPs. They only recently started to go into credit. On comp: Don't know their UK comp as my info is based in Switzerland. Very strong compensation there and on par or even better than direct PE funds in Switzerland and roughly in line with US-based BB IB comp.
Any thoughts on similar players like HarbourVest, Hamilton Lane and Adams Street etc
Nihil rerum dolores dolore ipsa explicabo explicabo. Vel perspiciatis occaecati sunt explicabo. Dolorum debitis qui distinctio iure vel numquam vel.
Praesentium omnis iusto unde quidem. Eum ullam aliquam rerum eveniet voluptates error rerum beatae. Optio magni qui et voluptas. Eum est eveniet dignissimos consequatur dignissimos. Alias animi est ut. Id optio et labore sint amet vel est.
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...