QUESTION FOR LMM PE ASSOCIATES IN NY
Do any of you get private offices? At the megafunds/UMM firms, I would assume that associates would have cubes or shared offices, but for associates in NY at small LMM firms, do you get your own office?
It seems silly to make the observation that associates at firms that have tens of billions in assets don't get their own offices then inquire as to whether or not an associate at a much smaller firm with a drastically reduced operating budget would.
Here's why I specified: at BB's and top MM's, no one until VP level even has the CHANCE to get their own office. However, at boutique IBs, associates sometimes get their own offices (based on what I have seen). Apollo, for example, may have many associates and analysts, so not everyone can get an office. At a LMM firm, there aren't as many associates, so they might be able to get an office if the office space allows. I just got curious, so I asked the question.
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