MF PE in HK / Singapore

Can anyone share insights on the culture / hours for MF PE funds in HK / Singapore? What’s a typical work week like for an associate? Do they prefer to recruit from HK / SG IBs or NY / London?

 
Most Helpful

Depends a lot on the funds themselves (eg. International MFs like Blackstone/ KKR vs regional Asian MFs like Baring/ MBK). In general, hours are extremely long, on par with typical IB hours in Asia. Common to stay well-past midnight and work on Sundays in HK. It's similar in Singapore as well. Typically start at ~10am and burn through the night. 

Recruiting happens from everywhere and the HK-based MFs recruit from HK, Beijing/Shanghai, NY, and London. With Mandarin becoming more crucial (basically essential) to work at most MFs in HK unless you cover Korea specifically, they hire quite a lot from mainland China and HK. Of course, they still hire a good portion from NY and London, given that they speak Mandarin. 

Mandarin's relatively less important (still a +) in Singapore, because you cover the SEA region. Bahasa, Indian, and Vietnamese are extremely valuable if you want to break into MFs based in Singapore. From my experience, they do hire quite a lot from NY (obviously on top of local talent based in Singapore), but most of the NY-based candidates have ties to Singapore. 

 

If one is a banker in NYC who speaks one of the 3 listed languages you mentioned when talking about Singapore, what does the recruiting process look like for Singapore MFs? Similar timeline to stateside MFs? Later? Do they interview us in NYC typically? 

 

Omnis quia enim facilis natus reprehenderit consequatur illo voluptatem. Sed esse voluptatibus nesciunt delectus illum praesentium. Ab architecto id qui cumque similique iusto debitis. Alias et iste perferendis aut nobis quia illo. Ab voluptas nesciunt quasi eos qui. Qui sequi rerum eos consequatur.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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

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...”