Thoughts on Shore Capital?
Interested in ETA/Micro PE long-term (with a focus on Healthcare) and have heard good things about this shop for the most part. Anyone have any intel on their process or culture?
Trending Content - Private Equity Forum
Career Resources
Based on previous WSO threads, here's what you need to know about Shore Capital:
Compensation: There is interest in compensation numbers for associate and senior associate levels at Shore Capital. While specific figures aren't provided, the inquiry suggests that compensation is a point of curiosity among potential candidates.
Culture: Shore Capital is noted for having a good culture. This positive reputation could be beneficial for someone looking to build a long-term career in ETA/Micro PE, especially with a focus on healthcare.
Strategy: The firm is recognized for having an interesting strategy, which aligns well with your interest in ETA/Micro PE and healthcare.
For more detailed insights, you might want to engage directly with current or former employees or look for additional threads on WSO that discuss Shore Capital in more depth.
Sources: Anyone have info on Insight Partners?, Shore Capital Comp, Crosspoint Capital: Culture?, Anyone have info on Insight Partners?, King Street Capital - Any insight?
IMO their best returning funds are long behind them. The HC roll-up space they play in and they were very early in 10 years ago is so oversaturated at this point. I know two people who work(ed) at their portco's as top 5 people in the companies and they're both going to return under cost (winding down with little acquisitions). Doctors have realized two things, one is they're worth more than 2-3x EBITDA (even if it's purely from having more than 1 bidder now) which is how Shore made 3-5x returning funds via multiple arbitrage, two is while Shore has not been bad about this, many PE backed practice roll-ups are a disaster for docs and docs talk to each other. Couple this with way larger funds than their early funds and I would avoid, while may be contrarian due to their great returns but forward looking I think they have issues ahead.
Also know some people who've worked at SCP. Similar sentiment. Solid operating team. Have had a conversation with one of their investment team members (not on the HC team), seems like a great culture.
Ditto on the healthcare rollup space blowing up. Unfortunate as I really like that space.
Comp for associate or senior associate?
Any idea how much they made on the sale of Behavioral Innovations?
Aside from the helpful post above, here are some general thoughts/opinions:
I'm considering an operator role for one of their roll up plays outside of HC. What's your perspective of Shore from that side of the table? I'm concerned they will be too cheap/lean and try to financially engineer an outcome, hamstringing operations
They will grind you to bits.
Any idea who their recruiter is for HC group?
In reprehenderit necessitatibus id sapiente et ut ut aut. Quo ut dolor facilis cupiditate dolor. Voluptatem dolores quasi quia in. Nisi ex minima perferendis exercitationem. Dolorem sed delectus autem eveniet sint. Earum itaque voluptatem blanditiis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...