THLee vs Advent vs Genstar
Hi,
May have upcoming off-cycle processes for these coming up, wanted to see if there was a general consensus between the three (i.e. Bschool placements, prestige, pay, culture)
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Depends on what you want. Want Boston? Advent, THL. Want SF? Genstar. Genstar has the most growth and they have a massive amount of $ per head.
$ per head doesn’t mean anything nowadays
I mean Genstar has 8 associates for $10bn fund size. Thl & Advent def have 20+
How does that not mean a thing..?
Advent seems like a clear winner if OK with location
I would personally say Advent > Genstar >>> THL (pretty familiar with all 3).
Advent is an absolute monster, one of the biggest funds out there and doing huge deals. If you’re location agnostic, seems hard to choose anyone else over them
Genstar is a great UMM name, if you want SF I could see taking this over advent
THL seems like the odd man out here - they’re basically just a MM fund at this point. They have a solid HBS pipeline given the old school Boston name, but still wouldn’t take them over the other two for that. They also are just a different type of firm, Advent and Genstar are both aggressive and pay up for top assets, THL is more of a hang out near the hoop firm and see what they can pick up for cheap. They bid on basically every process I’ve seen them in but always miss a ton on value, meaning as an associate you’re getting worked to the bone on diligence sprints without much to show for it.
Insist to advent u wanna be in nyc. I know for a fact they have made accommodations. Times are a changing boys. Granted this is for post MBA but I’m sure they’ll consider if u have 3 offers (top tier candidate) and they like u
Not even close - take advent
Genstar is fantastic but a lot of their fundraising momentum has been due to the huge run up in tech and they are primarily software or at least tech enabled industrials or fig. Therefore think they may not continue to have the same pace of fundraising. Also they focus on mm while advent is large cap so more optionality later on. would pick over th lee which is sweaty
also not sure why you are asking this - it is incredibly hard to get an offer at any of these (esp advent and Genstar) let alone all 3
I'd take Advent over Genstar. Great returns, global scale, good people. Would also not want to be in SF. That said, Genstar has been absolutely crushing it the past several years. THL is a solid shop but not at the same level as the other two. Decent option if you want to be in Boston but still behind Advent, Bain, Berkshire, TA, etc.
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Genstar is a phenomenal shop and I'd take it over either of the other two you listed.
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