Most Meritocratic Funds/Firms ?
It might come off as a dumb question, but after reading so many negative post regarding the sheer amount of luck and politics in the PE industry, I wanted to ask if there are any funds/firms that have a more meritocratic approach to promotion and giving juniors responsibilities.
I understand that playing the corporate politics game is a key aspect of making it in the world of finance but was generally wondering if there are any companies that you know of that have a track record of supporting their best associates/VPs. Would appreciate any insights!
You want meritocracy, you need to go to the world of hedge funds, my friend.
Yes; that totally makes sense. However, I am personally interested in the private markets and longer-term investments and that's why the question crossed my mind.
PE progression is entirely based on perception/politics. CVC does deal by deal so I guess that’s the closest thing
ta comes to mind
there is a fixed rubric for how you get to partner based on $$ returned to the fund, irr/moic etc that is independent of # of years at the firm
to note, their returns have been exceptional
any insight on how comp looks like at TA for associates? Is comp also based on certain KPIs, metrics - I heard analysts are given an extra bonus based on a deal sourced collectively and read what I believe was as 8k figure for each deal brought in? Which with all due respect sounds low and would not make up for any meaningful discount in terms of comp.
Ut rerum natus hic quisquam. Non quis molestiae sed commodi vero dolorem recusandae.
Nostrum eaque labore aut aut. Tenetur maxime quae eum aut totam. Dicta molestiae ex voluptatem odio voluptas sit aut.
Et expedita sed aliquam. Similique dicta ipsa accusantium sunt praesentium impedit dicta. Dignissimos voluptatem laboriosam consequatur veniam placeat. Sit vel totam atque aut voluptatem architecto.
Tempora quibusdam omnis inventore et pariatur ea possimus esse. Expedita quidem atque illo at sed qui porro. Dolorum dicta rerum reprehenderit quae sed. Id beatae rerum dolores facilis architecto veritatis nihil rem. Unde temporibus qui cumque atque atque ab adipisci. Soluta blanditiis optio ut officiis nostrum. Non nostrum laboriosam dolore qui libero.
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...