T. Rowe PE

Have been seeing a handful of investments from TROW in venture and growth-type companies. Does anyone have insight on TROW’s private investing arm — team size, typical background, comp, location (assuming just B-more), etc?

3 Comments
 

TROW has done a lot of work to up its game in private investing. Right now it's just one guy, David DiPietro and a few members who help do the business side. No analysts yet, but looking probably for Baltimore. He has a ton of opportunity in his team to support the company's efforts in equities. Some of TROW's funds are able to write checks that far outsize what a VC firm could do, which is what makes it so interesting. Currently, the efforts have seen these investments be included in existing funds, rather than become their own funds. 

TROW has had some major successes and failures with privates too and the team largely focuses on Biotech later stage investments. Some successes include Sweetgreen, with other failures like WeWork hurting the practice's reputation. When these investments were made Private Equity was not its own division, so this work was done by traditional long-only stock pickers. Hopefully, the new team will be smart about its investments. 

 

Quos quia alias earum quia non aut qui. Voluptates tempore est vel quas. Consequatur omnis molestiae asperiores aut. Amet asperiores omnis alias repellat ipsum.

Career Advancement Opportunities

July 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

July 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

July 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

July 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”