Exit opps for GE Analysts from smaller shops?
I’m curious about the exit opps for analysts or even associates at shops like Lead edge, Norwest, JMI outside of GE
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I've seen jumps to other funds, management consulting roles and pursuit of an MBA.
what kind of consulting roles? and top MBAs like HSW?
Does anyone know what the comp is at these funds if one is to stick around for associate? How much lower is it relative to UMM PE?
Lead Edge comp for an analyst out of undergrad is 100k base, 75k bonus, and phantom equity. Quite high considering the fund size and investment team.
Excuse the ignorance, but what is the incentive to exit from a shop like Lead Edge or Norwest, or others listed above? Is comp too low? Hours too long? I am an incoming analyst at a west coast EB looking at GE as an exit, and am wondering where current GE analysts would like to hop to and why they want to leave the industry.
Some programs have a 2 or 3 and out policy, so analysts/associates have to think about their next move regardless of whether they like it or not. For Lead Edge specifically, I have heard that hours are brutal. For some of the other newer/smaller GE firms, comp is certainly a consideration, as other (typically larger) funds pay more. Junior roles at some funds are exclusively sourcing, whereas others involve a much nicer balance of sourcing, financial modeling, and portco support, so depending on your preferences this could definitely be a consideration. Funds vary in their investment styles (KPI requirements can vary substantially. Also, some funds do exclusively minority deals while others will do minority, LBOs, growth buyouts, etc) and the types of companies they invest in (verticals, geographies). These are just a few things to consider when looking at different growth shops. Obviously impossible to say what fund would be the best fit for any particular individual without knowing their specific preferences though
Thanks a lot! SB’d
what hours are typical and what would be considered brutal?
I am not sure on the culture part the other poster commented; however, most of the shops pay quite well and have good growth within the firm (managing investments, etc). Hence, you see people exit from the larger shops to the smaller ones.
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