Cinven - duration of associate / principal programmes (Originally Posted: 09/30/2015)
Hi guys, i checked out Linkedin profiles of some of the associates and principals at Cinven and it seems that their associate programme lasts 3-4 years and then they become principals for another 5+ years. Can someone confirm the duration of those programmes and how likely it is to get promoted to principal? 5+ years as principal sounds like a lot, unless it is because the firm does not have director-level. I am talking about the London office. thanks
I don't know Cinven that well, but it's very common for European PE to have only 3 levels (Associate, Principal / Director / VP, Partner / MD). So the time your listed in each position is quite normal for associate level and i'd say 5 years at principal level is probably light, would think promotion to partner happens after 6-8 years at the earliest (they do have senior principal though I just noticed on their website). Generally speaking, Euro PE funds (or companies in general), promote people at a much slower pace than in America.
Consectetur quaerat sequi nulla et. Non tempore mollitia velit reiciendis. Architecto est nobis maiores et magnam.
Facilis voluptas nesciunt nemo earum. Doloremque ab et cumque sequi delectus et. Laborum enim alias eos. Quo adipisci harum sit corporis libero consectetur ut. Dolores tenetur quia quod doloribus voluptatum minima.
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)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
bump
Bump
Cinven - duration of associate / principal programmes (Originally Posted: 09/30/2015)
Hi guys, i checked out Linkedin profiles of some of the associates and principals at Cinven and it seems that their associate programme lasts 3-4 years and then they become principals for another 5+ years. Can someone confirm the duration of those programmes and how likely it is to get promoted to principal? 5+ years as principal sounds like a lot, unless it is because the firm does not have director-level. I am talking about the London office. thanks
I don't know Cinven that well, but it's very common for European PE to have only 3 levels (Associate, Principal / Director / VP, Partner / MD). So the time your listed in each position is quite normal for associate level and i'd say 5 years at principal level is probably light, would think promotion to partner happens after 6-8 years at the earliest (they do have senior principal though I just noticed on their website). Generally speaking, Euro PE funds (or companies in general), promote people at a much slower pace than in America.
Cinven case study (Originally Posted: 08/22/2015)
Deleted
Bump
Consectetur quaerat sequi nulla et. Non tempore mollitia velit reiciendis. Architecto est nobis maiores et magnam.
Facilis voluptas nesciunt nemo earum. Doloremque ab et cumque sequi delectus et. Laborum enim alias eos. Quo adipisci harum sit corporis libero consectetur ut. Dolores tenetur quia quod doloribus voluptatum minima.
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...