PE exit ops in DC
I’ll be starting at a BB in NYC next summer. I’m very interested in PE in the DC area so curious to hear your thoughts/opinions on the firms down there. Thanks!
Note: yes I’ve read the threads
Following
There isn't a huge ecosystem but if you're willing not to get caught up in the prestige game, there are definitely options. Networking will get you much further than waiting for a headhunter to find you on-cycle. Once you get past Carlyle, some of the bigger names include Revolution (Steve Case's group, which has strategies for growth, venture, and seed), Arlington Capital Partners, Sands Capital, and Halifax. Columbia Capital is one of the OGs when it comes to enterprise technology and communications investing. I've heard good things about the team at Enlightenment Capital. Rotunda Capital I believe recently raised its first fund after years as an independent sponsor, so they're in growth mode. Hull Street Energy does some interesting stuff if energy specifically is of interest. The IFC is also a large potential landing spot.
If you expand up to Baltimore, you've got JMI who's done decently and Access Holdings (I'm not familiar with their track record but have seen a VP role on LinkedIn open there for a long time - take that for whatever it's worth). T. Rowe Price is also a more active player in private markets these days. There are also some Richmond and Charlottesville firms that are small but interesting, if you're willing to go that far.
There are a fair number of small venture firms but most of them aren't particularly good or noteworthy, though NEA has an outpost and they're obviously solid. There's also an NEA spinout, Construct Capital, which recently launched and is one to keep an eye on.
If you are willing to consider the fund of funds / advisory / LP route, the DC area has Cambridge Associates, Strategic Investment Group, RockCreek, Brown Advisory, and Accolade - before you even get to the actual LPs (Georgetown, Howard Hughes, Red Cross, Nature Conservancy, Smithsonian, IFC / World Bank to name a few).
This.
Also add EIG to the list as it'samong the larger (infra) funds that's often overlooked in DC.
Pretty familiar with Access Holdings. Good firm but their Associates get pushed pretty hard I've heard. You also have Greenspring Associates which is based in Owings Mills (right outside Baltimore)
Northlane Capital is also a strong name in the area
Adding ACON Investments, HCI equity, Martis capital, and DC Capital to the list if no one has already
Northlane is good
They are solid. Have a close friend who was there and vouched for them hard even now after he's left.
Initials JE?
Illo reprehenderit quisquam nisi et distinctio pariatur. Illum nihil qui est maiores voluptatem non. Fugit ut id veritatis voluptas maxime. Sapiente doloremque et odit nihil ut autem velit aut.
Saepe eveniet quia aspernatur ipsum necessitatibus consectetur ullam. Officia accusantium aut laboriosam totam ut ipsum odit qui. Facere alias amet non ut voluptas enim eius beatae. Id magni harum ex cumque sit excepturi est.
Laudantium asperiores vero atque rem ut. Aut qui iste itaque consequatur omnis. Doloremque quia soluta optio. Aperiam assumenda sed vel quos. Sit et exercitationem neque. Quis et et reprehenderit rerum nisi tempore velit. Perspiciatis quia atque vitae reprehenderit ipsa possimus deserunt nisi.
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...