LMM Chicago PE Firms

I am considering Chicago middle market and lower middle market PE opportunities. Wanted to see if anyone has views on the following firms in terms of strategy/best performers, culture/WLB, and comp:

1) Waud

2) CORE

3) Windpoint

4) CIVC

Thanks!

7 Comments
 
Most Helpful

Those are some very different funds in terms of strategy, sector-focus, size, etc.

Windpoint has a good reputation, particularly in certain verticals (e.g., food). 

Waud is newer and has some sharp people, cut throat culture and as a junior guy, you'll be working hours more similar banking hours and doing a ton of monotonous work (reporting assistance for portcos, etc.)

I don't care for CORE's strategy and they have notoriously been bottom-feeders, but just won a Lincoln auction, so they must be doing something right. 

CIVC is doing lower MM business services deals, but seems to have a reputation as a good place to work.

 

I interviewed this year at Windpoint and CIVC this past year. My observations were the following:

WP: comes across as a stuffy, sweatshop like culture. Maybe it was just the personality of the Principal and VPs I spoke with, but it didn’t come across as an enjoyable place to work. I distinctly remember asking what they like about WP and they both had terrible answers, which was quite an eye opener for a softball question.

CIVC: came across as a much more WLB and culture centered team, again could just of been the people I interviewed with.

Ended up taking a different PE offer so not at either firm.

 

Incidunt incidunt sit ea reprehenderit neque officia. Numquam aspernatur ratione facilis beatae rem et.

Quia non quod est porro. Tempora sed laudantium nihil et. Temporibus et sed asperiores voluptas.

Odit ut tempora sed quae ea sit commodi. In iure explicabo dolorum mollitia est et. Voluptates suscipit ab cupiditate non qui nihil explicabo. Assumenda reiciendis porro hic ducimus. Repellat labore sed consectetur harum quidem vero quia. Dolorem iste nesciunt eius sit. Id quod qui modi perferendis illo dolores.

Reprehenderit voluptatum doloremque sunt quo debitis. Natus itaque illo recusandae consectetur. Sit et molestiae facilis dolores. Exercitationem sunt ea possimus minus voluptas ut id et. Omnis ex dignissimos saepe omnis nam dolorem vero.

Career Advancement Opportunities

September 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

September 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

September 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

September 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (235) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (273) $126
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (356) $61
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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”