Happy holidays!
For those of you in PE, I was wondering if you can share what made you switch/want to switch firms? Generally, the hours and the people are similarly demanding everywhere. What made you want to leave a place, and do you think that was a good reason in retrospect?
Happy 2020!
| +48 | How much is enough? | 27 | 7h |
| +38 | Does this mean I am not cut out for PE? | 8 | 1d |
| +20 | How to Secure Higher Carry Award Before Promotion | 2 | 2d |
| +19 | Carried Interest Tax Question | 3 | 2d |
| +18 | I Don't Wanna Go To PE Anymore | 4 | 4d |
| +15 | Generalist MFPE tech (KKR / BX) vs >$10B pure play tech (FP / HG) | 1 | 6d |
| +10 | US PE alpha look abysmal in L5Y | 3 | 5d |
| +9 | How to prep for HH calls? | 0 | 2h |
| +9 | H.I.G GP Solutions / Secondaries Team | 1 | 2d |
| +6 | Technical Experience vs Industry Experience | 1 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Hey bb_monkey2018, I'm the WSO Monkey Bot and I am sad to say, but this thread is lonely, so thought I'd post in here to try and help out. Some potential topics that might help:
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
This is anecdotal from my peers, but I've usually heard it fell into one of a few buckets.
Opportunity to lateral to a better name fund
Broader/Different investment mandate
No/slow opportunity to advance. Or someone gets promoted or hired in on top of you
Lack of chemistry with current team/partners
Desire to change geos
I find that people don't usually leave purely for monetary purposes. It usually tends to be the opportunity for a Senior Associate role or something like that.
Disclaimer: I'm not PE, but in VC. But perhaps my perspective might be interesting:
Reasons 3 and 4 are quite common - very hard to get to the top levels in VC as you'd imagine + you need partners who want to get advance you quickly.
Reason 1, uncommon - more people move to go to an earlier or later stage VC rather than to a better name.
Reason 2, very common.
Reason 5 is very uncommon.
Sunt aliquam consequatur eius. Quo illum delectus ullam deserunt. Minus dicta aliquid iure omnis dolor. Est eum praesentium dolor quibusdam. Quia id explicabo optio tenetur ipsum atque. Ut eos eos ipsum alias consequatur aut repellendus.
Sit numquam ut qui non ab mollitia voluptatem. Distinctio iusto vitae at facilis voluptas. Est ipsa neque at.
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...