Considering an offer from a PE fund in TX. They're mainly NY based so this would be a satellite office. I've always heard that NYC culture typically works harder and that TX/non-coastal states are typically more relaxed and balanced with WLB. However, does this hold true in PE? I presume the competition for deals, diligence process, and investment committee are all relatively the same regardless of where you live so I would've guessed that the long hours and grind are the same. Has anyone made a similar transition and seen better WLB?
Thanks
What city? This is anecdotal, but my friends at Houston firms seem to work a fair amount more than people in Dallas.
I was asking a little more broadly for TX relative to NYC but good to know there's some minor variation between Houston vs. Dallas vs. Austin
Totally varies by fund. Peak Rock in Austin and Lone Star and Riverside in Dallas have reputations for being sweaty, while I know some LMM funds in Dallas that work barely 50 hours a week (outside of crunch time).
As you can probably guess, hours tend to correlate with fund size (esp. relative to headcount) and founder backgrounds. As a whole though, TX tends to be lighter than NYC
Which LMM funds in Dallas are you referring to with good WLB? Any insight on WLB for Trive in Dallas? Has Lone Star gotten better in the last year or so or is it still very sweaty?
Any info on Kainos, Trive, Insight, Redbird in Dallas?
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