One Rock Analyst Program
Am current intern in IB, am curious as to One Rocks analyst program in regards to comp/culture/exits/promo opportunity/etc. Also interested in general thoughts on the firm and how fundraising for their current fund is going.
Based on the most helpful WSO content, here's what you need to know about One Rock Capital:
General Thoughts on the Firm:
Compensation:
Culture:
Exit Opportunities:
Promotion Opportunities:
Fundraising:
If you're considering joining, the firm's growth, culture, and operational focus make it an attractive option, especially if you're interested in hands-on value creation.
Sources: One Rock Capital - Thoughts?, Best PE Analyst Programs vs Opportunity Cost (top IB), Blackstone / PJT Exit Opps, Info on Capital Group, Abraaj Capital - Global Anlayst Program - 2017 Intake
bump
Type of firm that prides itself on being able to transact hairy and complex situations — culturally wearing suits often and I believe Fridays is business casual. Professional, if not old school / hardo environment.
They’ve been working on raising Fund IV for over two years and have been trying to sell assets to get DPI. Seems like they’ve been struggling on that front as well as demonstrate a differentiated non-JAMMBO strategy. Its not the “mini-Apollo” that people on WSO tout it to be IMO.
That said, as an analyst, I’d bet you’ll get modeling reps and learn all the fundamentals that you’ll need. They also pay well.
This is helpful, thanks
They are doing fine in fundraising, nowhere near their goal, though. Pitchbook has them at $ 2.6 Bn raised, which would be an upfund from the previous of $ 2 Bn but well below the $ 3.25 Bn goal. Big difference between their "struggles" versus something like AmSec or Onex that can't even raise the previous fund size. Also, will note anecdotally, One Rock has some of the smartest guys in the industrials space, and its port companies are seemingly going pretty well. Is One Rock an elite MM firm? No. Is it a good one? Yes. Raising a upfund in this time is very impressive, a large chunk of PE firms are raising downfunds these days or simply not raising much of anything.
Damn you nailed it. They just announced a nice upfund and a brand new lmm fund.
The classes are small and there have only been a few so far, but there is formal training and it’s focused on mentorship and development. It’s a good seat imo. Firm seems to be doing well with a couple of nice exits in the last 12mo.
Interviewed there but stuck with my BB offer. People generally seemed off-putting, from junior to senior, (I'm sure you'll realize this soon) and have too much of a chip on their shoulder; think they're smarter than the caliber of shop they are. Also don't seem to hire blue-chip prospects. If I had a BB offer in hand I'd stick with banking and recruit somewhere better after your banking sting.
Bold take from an Analyst 1 deciding what the caliber of firms are. One Rock might not be MF, but they’ve earned their stripes doing complex carve-outs and hairy situations most places wouldn’t touch, and doing it well. They are on track to raise an up-fund (the only thing in contention is by how much) in the year 2025, when most funds are either raising downfunds or have given up raising across the board, pretty solid track record of success, and LP base, I would say. It's one of the more desirable MM seats in PE especially if interested in carve-outs.
Anyone know how many rounds they do for their analyst recruiting? and if so, what each round looks like if you know
Has anyone heard back about 3 round/final rounds yet?
Received third round invite last week
Veritatis voluptatem suscipit eaque maxime vitae eos rerum. Est dolor inventore ratione. Eveniet vitae doloribus consectetur eius in nulla. Id eveniet voluptatum aut provident vero totam deserunt omnis. Quaerat nobis sit magni earum mollitia iure. Et earum modi recusandae distinctio iusto.
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...