Any updated info on culture at Warburg Pincus? There’s been a lot of back and forth about how bad things got during covid, am looking for any updates on how culture is in the different groups? Know people said they were trying to improve IBS culture and there was conflicting info about tech? Thanks all for the info!
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Bump, interested for London also
Bump, really would love answers
Please… someone… I have an important decision… seriously… bump
Interning at a different MF this summer, but plan to shoot for them for FT recruiting.
Personally, I think WP culture is great. From the people I've spoken to, they've made tremendous leaps and bounds when it comes to culture. They even send around a monthly survey to ASOs and Ans to check in on WLB and if they can make any improvements. Each group has specific team outings and they give juniors a lot of autonomy.
Groups, there aren't really any bad group. According to a competitor they told me that they're really strong in the HC space, but they don't see them to much in the tech space. This is likely because the competitor focuses on buyouts and WPs tech team does less buyouts than other MFs.
In each sector the investment mandate is wide. You can work on early stage series A/B all the way to buyout. There really isn't a bad group and you can't go wrong with accepting an offer.
Lastly, they're supportive of b-school and promoting through the ranks. The ~75% of the current VPs started as Ans or Aso. They will pay for b-school if it is at HSW and bring you back as VP or give you the option the do a third year as an ASO and promote to VP that way.
How reliable is this info? If so you just beyond made my day… anyone else can confirm or deny this?
Committed to WP last cycle and starting in a couple months. Going through group placement now lmk if you want to PM. Separately, above is pretty accurate. Just to clarify, WP Tech is actually strong, but focused on growth equity as opposed to large cap buyouts, which are done out of the new SIG team
Any info on group placement? Just accepted an offer and wondering what the updated info on the group is
Hello, do you have any advice for getting their analyst position?
Could I PM you? Would love to learn more
Hi, do you have any tips for getting their analyst position?
Can you PM me or de anonymize?
Anyone know what the deal is with I&BS? Heard there was a group split - anecdotally have heard that Industrials has better performance? Would appreciate advice on prestige and hours between the two
bump
Sold something to them. Intense but nice
Both industrials and business services are top groups.
Business services is probably the most active vertical alongside technology, which comes at the cost of WLB. They’re the closest to generalist at the firm and regularly crossover with other industry groups like tech, healthcare, industrials.
Industrials tends to lean more toward later stage growth buyout and has a steady but less intense stream of deal flow, so better WLB. Despite the separation, both groups still hold joint events and latest reports on culture (ex-hours) is actually quite positive and much improved post the 2020 exodus.
Any idea what the hours are like in Industrials and/or BS? Meaningfully different than MF buyout or other WP groups?
Bump
bump
Do they have an energy group?
They have energy funds, so yes.
Yes, small team that has historically been active in energy space but is now currently divesting all conventional oil & gas investments from their portfolio. All new investments have some sustainability tie (clean tech, energy transition, renewables, etc.)
Who's their HH in London?
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