"Strategy Associate" roles in private equity - what are your thoughts?

Hello friends, several recruiting firms have reached out to me about what seem like unique roles at PE firms.

The titles have been "Strategy Associate". They are basically pitched as a mix of firm strategy / portfolio operations / investor relations. The responsibilities include: fund reporting, LP relationship management, business development, working with portfolio executives on strategic projects, etc.

The roles have generally been at high quality MM firms with large brand names, which is alluring.

For context, I have generally been seeking more traditional deal team roles, and have made some traction in that regard. I am currently a consultant at ATK/LEK/OW etc.

What do you think of this "Strategy Associate" type of role? What kind of path could it set me on, relative to a deal-team role at a MM firm? How should I think about it?

14 Comments
 

These roles could be interesting and challenging. They could be long term lucrative. They are not a path to a career in investing. Don’t kid yourself and think you can join the firm, impress people and switch to an investing track. IT. WON’T. HAPPEN.

 
Most Helpful

Non consequatur exercitationem et corrupti aut occaecati dolor et. Quasi id sit eaque quia. Minus sit ut accusantium iste.

Est beatae provident quia ex vel ipsa. Similique nisi dolorem quidem consequuntur inventore cumque praesentium provident. Est et omnis quia nostrum quam. Illum vitae ex praesentium natus a. Nihil distinctio dolorem laborum omnis totam enim. Itaque odio sit odio pariatur saepe.

Facilis eos at ratione aspernatur. Expedita vitae omnis quo deleniti praesentium. Enim similique sed enim. Repudiandae recusandae qui laboriosam sunt ipsa. Animi sunt saepe libero.

Career Advancement Opportunities

June 2025 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.1%
  • KKR (Kohlberg Kravis Roberts) 98.7%
  • Warburg Pincus 98.3%
  • Vista Equity Partners 97.9%

Overall Employee Satisfaction

June 2025 Private Equity

  • Ardian 99.6%
  • Blackstone Group 99.1%
  • KKR (Kohlberg Kravis Roberts) 98.7%
  • The Riverside Company 98.3%
  • Bain Capital 97.8%

Professional Growth Opportunities

June 2025 Private Equity

  • The Riverside Company 99.6%
  • Bain Capital 99.1%
  • Blackstone Group 98.7%
  • KKR (Kohlberg Kravis Roberts) 98.3%
  • Starwood Capital Group 97.9%

Total Avg Compensation

June 2025 Private Equity

  • Principal (9) $653
  • Director/MD (23) $552
  • Vice President (95) $361
  • 3rd+ Year Associate (98) $279
  • 2nd Year Associate (222) $272
  • 1st Year Associate (400) $230
  • 3rd+ Year Analyst (32) $156
  • 2nd Year Analyst (89) $134
  • 1st Year Analyst (263) $123
  • Intern/Summer Associate (35) $79
  • Intern/Summer Analyst (342) $61
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
98.9
4
Secyh62's picture
Secyh62
98.9
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”