Hours at the Partner level at Megafunds?
Does anyone know what the typical hours are at the Partner (or almost Partner) level for a Megafund? I get that it's more of a you eat what you kill type of dynamic at this point, but just curious on general observations.
I did a search but it mostly turned up Associate hours.
Thanks.
Don’t worry about this until you get close enough to an MD you can see for yourself
Back when I was an associate I had the misfortune of taking a peek at my boss's outlook calendar while we were sitting together on a flight. EVERY SINGLE SPACE from 9 to 6 was filled with calls and meetings, and often double, triple, or quadruple booked. He told me his actual "work" day started after he got home at 7pm because he finally had space to breathe and answer emails / review materials / think about things aside from his immediate next meeting. Maybe an extreme example, but it really changed my perspective on working with senior people.
At a MF now where I can see the calendars for everyone on my team and can confirm this is pretty regularly the case. It seems that the partners I work with usually are non-stop back to back calls / meetings from 9 AM through 5-6 PM, then log off for a few hours to presumably have dinner, visit with significant other and kids, etc. and normally log back on around 9-10 for another few hours to actually “do” work as alluded to above.
With that said, at that level it’s less of an evaluation of hours since you’re not going to be the one grinding out deliverables in excel / PPT / word like you do as an associate. Instead it is an evaluation of 1) how efficient can you be in your approach to evaluating and managing investments (both in terms of approach generally - how quickly do you get to a yes/no decision when a CIM comes in - and leveraging your team) and 2) do you generally like the work you’re doing. Given the grind it takes to make partner and the stage of life you’d be in at that point with many other competing responsibilities I’ve come to realize you need to find enjoyment in the work or you would have already burnt out
Thank you, very helpful! I'm being considered as a senior industry lateral, really just making sure the evening hours (6-10pm) is generally protected for family. As for the rest of the time, I tend to think once you rise to the top of any industry, you are never really "off"...
Are you VP 3 or 4?
My profile is outdated. I used to work in private equity/growth equity (not megafund) but left for many years to industry. Hence calling myself an industry lateral that they are considering bringing on at a senior level.
Non qui sunt neque sit. Fugit aperiam velit qui omnis corporis perferendis suscipit. Modi amet placeat praesentium earum autem animi debitis.
Est corporis quas ex rerum quo dolor. Neque eos repudiandae aut harum voluptatibus neque. Tenetur dicta et in qui qui maxime. Recusandae quia sequi ut autem sit.
Mollitia modi porro repudiandae necessitatibus hic. Debitis dolores recusandae quia omnis iusto quo sint. Voluptas magnam aliquid impedit omnis. Eaque saepe alias aliquid id libero. Ipsam distinctio vel nam.
Sunt officia laborum iste. Quaerat voluptas et repellat quas ut magnam eos sunt. Fuga perspiciatis quis atque. Nihil tenetur ullam cum maiores eos et. Corrupti sunt voluptatem rerum excepturi voluptatum et magnam. Aut sed aliquid autem aut dicta rem recusandae dolorem. Quod eos sequi numquam nulla et eveniet.
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...