Summer 2020 PE Offer Situation

Hello all,

Two weeks ago, I interviewed for a Summer 2020 PE Associate role with a LMM firm (diversified industries) and it went very well. Early last week, the recruiter managing the process called and said that they received very positive feedback from the PE shop it sounded like I would be getting an offer from the firm but that the firm had yet to formally group up as they shifted to 100% WFH and because they are dealing with the impact of COVID.

There is of course no precedent and I have my outsider's perspective on how this decision would be made, but was curious to anyone's opinions on whether a firm like this may actually end up not handing out an offer due to the COVID impact.

Thank you in advance for any thoughts.

1 Comments
 

Quidem adipisci accusamus sed fugit omnis alias. Optio sequi qui voluptate rem temporibus quod tempora excepturi. Nihil molestiae unde accusantium exercitationem. Et perspiciatis ut laborum quia tempora velit non. Officia minima et quam est itaque magnam numquam. At aut quia laborum eos ipsa in sint.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

September 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

September 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

September 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (100) $364
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (235) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (273) $126
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (356) $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

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...”