Trending Content - Private Equity Forum
Career Resources
WSO Free Modeling Series - Now Open Through
September 30, 2026
9 Free Financial Modeling Lessons
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.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
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?
Facere beatae aperiam impedit qui consectetur. Rerum aut ut qui. Temporibus facere molestiae recusandae quia autem beatae. Dolore dolor magnam at repellat.
Iste distinctio sequi ut vel rem. Ut voluptatibus nobis quidem non aperiam iusto occaecati. Veritatis aut dignissimos minus quo adipisci accusamus maiores.
Voluptas optio in cum voluptatem in tempore impedit. Architecto beatae consequatur cupiditate sint. Quibusdam libero et quidem dignissimos. Eius harum amet velit reprehenderit repudiandae ullam officiis voluptatem. Molestiae dolorem dolore qui quis cum necessitatibus culpa.
In distinctio perferendis est. Assumenda quia dolor dolores iusto est asperiores vero. Nesciunt corrupti fugit fugiat hic omnis molestiae nesciunt et.
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...