Curious who people think are the most overhyped firm (from a returns perspective). Top of my list is Bain and Oaktree.
Trending Content - Private Equity Forum
| +60 | Working on Juneteenth | 35 | 1d |
| +25 | Hardest time I have ever seen to be a GP | 3 | 2d |
| +20 | How to Get on Career Track / Stay Post ASO years | 6 | 16h |
| +19 | Weighing exit from LMM PC/PE | 4 | 16h |
| +15 | Healthcare PE | 6 | 2d |
| +14 | KKR comp for Principal | 15 | 5h |
| +12 | LMM groups within larger platforms? | 1 | 6d |
| +11 | Reality of the move from LMM to MM | 2 | 5d |
| +9 | MBA and Private Equity | 3 | 1d |
| +9 | Free LBO calculator: value bridge, sensitivities, formula-linked Excel export | 0 | 6d |
Career Resources
TPG has had some pretty bad returns. I don't think Warburg has ever pulled a first quartile fund (although they haven't had a fourth quartile one either so at least they've been consistently average).
Hasn’t Warburg raised like 10+ funds? Does being consistently average mean outperformance from a long-term standpoint? I’m wondering if this is what allows Partners there to print carry dollars given consistency of fundraising / performance vs. Funds that have super volatile performance (i.e., 1st quartile one vintage then 4th quartile the next vintage).
Yes, they have. And it could mean that. I think a lot of LPs really value consistency.
A "guaranteed" ~15% IRR on a MF's commitment is probably more attractive than a commitment to a MM fund that you think might be as likely to land a goose egg as it is to generate a 30% IRR.
What’s wrong with Bain post GFC? Presume you’re talking about fund XII since XI was top quartile?
Nam aliquid tempore aperiam. Rerum et dolor quis id rem dolore non qui. Quos reiciendis libero et dignissimos dicta officia.
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...