MF, UMM, MM, LMM, Microcap Definitions By Latest Fund Size

Bucketing like this can only be logically done if one has a goal they intend to use the buckets for.

For example, if it is to rank attractiveness of job offers, ceteris paribus (i.e., effectively which firms are the best overall resume boosters), then your ranking would be different than if it is “best role to take if you are solving for something that could be partner track with opportunity to maximize comp doing primarily late stage tech buyouts” (former might be kkr/bx/h&f (even though hf much different firm than other 2) whereas latter vista/tb/Bain). On the other hand you may be seeking to categorize firms into buckets of, like, similar firms / firm archetypes, which would be a whole new taxonomy of something like large diversified investment firm (kkr/bx/apo etc); large buyout firm (hf/cdr/gtcr/lgp/veritas etc); MM buyout firm ($5b fund); LMM buyout (first institutional ownership).

I think the ranking presented in the OP is meant to more closely approximate the “resume booster” concept, and in that sense is probably directionally correct (e.g. ceteris paribus, I would prob favor someone with kkr experience over gtcr experience), but not sure that the ceteris is ever paribus enough to make this sort of taxonomy all that useful, other than that it gives WowCaliberTalent a boner.