There doesn't seem to be much info on Permira here. Any thoughts on culture, deal flow, senior members, reputation, comp for the American office (either NY or Menlo)? I know they have a strong presence in Europe and have done some interesting deals there, but am curious about what people have heard of their American teams.
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Have a couple buddies there at pre-MBA level. Lifestyle is sweatshop/banking 2.0. Working very late every night, every weekend, no vacations, etc. Comp is spectacular. Perks are also spectacular. Think traveling to Europe/Asia multiple times a year, constant cross country travel, etc. Generally, my two friends are happy there and doing high profile, sexy deals.
Compare with regards to what? Deal size, comps, culture, work-life balance, career path? They compete with the BX, KKR, CD&R, Carlyle, CVC, EQT, PAI Partners, Warburg Pincus, etc. for all the UMM deals. They will probably not do Dell take private (or only in a consortium) but they have pretty broad capabilities. In terms of comps, they are lower than the street (at least in Europe), pre-carry, but you start getting carry from Associate so it should make it up in the long term. On a career perspective, you get in as Investment Professional (in Europe at least) and this can go on for a while (e.g. 4 / 5 years). Work-life balance depends on team and deal flow. I have a friend who got crashed for 1.5 years as he did 3 deals but now that they are enough invested he is just doing portfolio work and leaving for dinner every day (for the last year or so).