Moving from one PE fund to another and I have a bunch of stuff from my previous shop (deal toys, vests, etc.).
What are your thoughts on having this stuff around the new office? My instinct says that the clothing is a no-go since they’re technically a competitor (though I feel like stuff from banking is probably ok since it’s a service provider rather than a competitor, but it still feels weird since it isn’t your current employer).
What about deal toys? Is it ok to have these on your desk as a personal accomplishment?
Wear it?
Not to a client meeting?
I tossed everything when I lateralled, mainly just because idgaf about the corp swag or the deal toys. Probably wouldn't wear it around just to be safe but probably very dependent on culture and how close a competitor.
Deal toys are okay to keep if you have any attachment to them. I wouldn't wear the clothing though. At best, people will find it weird but not say anything.
Give it to me so I can walk around my non target school flex-ocuting every peasant that comes within a 5 foot radius of me.
I mean I wouldn’t wear a KKR vest at TPG if TPG themself makes the same vests but if you have like a nice umbrella or raincoat or something it really isn’t a big deal.
Sell them to me, I'll cop them from you
Leave deal toys from other companies at home unless you're the partner that actually led the deal
Not a big deal to have deal toys from old firms around, all the partners at my firm had deal toys from 15+ years ago, when they were analysts/associates/VP in IB/PE. In fact it was pretty cool to see.
Old deal toys = fine, this is a reflection of your past experience and credentials. Wearing swag (clothing) from another firm than your current employer = will be perceived as you're not fully committed to your current fund / stuck in the past, and more likely why would you possibly wear another company's swag and what does that imply for your thinking process or reasoning (which will be extrapolated to your investment thinking process).
Sell them to kids you interview
Brought deal toys home for home office. Wife tossed them all since they “are clutter and collect dust”. So save yourself the inevitable and toss them
I used to toss all my deal toys cuz I thought they were dumb and would clutter my closets between jobs. Now I wish I had kept them, they do have some professional sentimental value from back when you actually used to have fun at work and it wasn’t just a job/paycheck.
What are examples of deal toys you got?
Totally normal and expected to have deal toys from your marquee deals at prior firms. Swag - probably best to use at your house but don't bring it in.
Where whatever swag you want. If my current company gave me shit half as good as my prior firm I’d wear it instead, but they don’t.
Also, branded goods are so common now I really don’t think anyone reasonable would care at all. Depends where you’re at though obviously.
What did your prior firm give you that was so amazing? I feel like everything I've gotten so far is dog shit lol
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