Does anyone know the comp progression at Warburg? Heard their VPs have some form of shadow carry which is different from other megafunds? Also curious if any general intel on culture
Known to be competitive, with pay slightly higher than street level but generally below Apollo in New York.
Associates can expect to make around $200-$300K.
VPs and above may have different compensation structures, including shadow carry.
Culture at Warburg Pincus:
General Reputation:
Warburg Pincus has a very good reputation, comparable to other top funds like Blackstone, Apollo, KKR, and Carlyle.
They are known for being more low-key outside the PE industry but have a favorable historical reputation within the industry.
Work Hours:
Associates typically work around 60-70 hours a week during slow periods and 80+ hours during busy times.
Hours are considered bad but not as intense as Apollo or Hellman & Friedman.
Investment Style:
Warburg Pincus is stage agnostic and has historically been willing to write smaller checks, which can impact lifestyle due to the increased number of smaller deals.
Culture Specifics:
The firm is fairly verticalized in its flagship fund, with new hires placed in a generalist pool before choosing a group.
The culture may vary, and it is important to consider the seniors' behavior and promotion policies.
Do you know anything about the comp in the Berlin Office?
Works at Warburg Pincus
1y
Comp is $360k for first year associates. Yes, VPs get some form of shadow carry, but it’s insignificant (but cash comp is good). Culture is pretty bad, depends on team and geo though.
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Based on the most helpful WSO content:
Compensation at Warburg Pincus:
Culture at Warburg Pincus:
For more detailed discussions and insights, you can visit the relevant threads on Wall Street Oasis: - https://www.wallstreetoasis.com/forum/private-equity/warburg-pincus-rep…</a">Warburg Pincus Reputation Amongst Megafunds - https://www.wallstreetoasis.com/forum/private-equity/warburg-pincus-ass…</a">Warburg Pincus Associate Culture/Hours
Sources: Warburg Pincus Reputation Amongst Megafunds, IB Comp Progression, PE Scene in Asia, Warburg Pincus Associate culture/hours, Warburg Pincus 2021 FT Analyst
Bump
My network is no longer associates but I think ASO1 comp at WP is ~400k iirc
In London it’s known as one of the worse sweatshops - pay is top of the market like Apollo
Do you know anything about the comp in the Berlin Office?
Comp is $360k for first year associates. Yes, VPs get some form of shadow carry, but it’s insignificant (but cash comp is good). Culture is pretty bad, depends on team and geo though.
Top comp. Bottom culture.
Generally the ones that pay top dollars will grind you to the bones. Warburg pays one of the most
Cumque non in et nulla ducimus debitis quasi. Sed et voluptatem dicta optio maxime harum. Non et totam commodi aliquid accusamus est. Fugiat corporis qui sit. Voluptatibus officia voluptate sint est. Recusandae qui ut corrupti sequi veniam.
At neque numquam assumenda ipsum quibusdam. Enim fugit molestias deleniti. Blanditiis distinctio architecto voluptas reiciendis ex est. Nihil molestiae earum corporis ipsam accusantium. Sit neque velit distinctio doloribus. Consequatur nostrum sit asperiores non necessitatibus. Nisi natus inventore consequuntur libero.
Laborum laboriosam dolor tempore alias cumque. Aut reiciendis corporis doloribus quam hic quia. Natus voluptatem ut nostrum mollitia ea harum sint. Velit qui voluptatem repellat dolore et ducimus neque.
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