8 Comments
 

I can't think of any new ones, and I work exclusively in the Midwest. There's a new FoF in Milwaukee that does some small direct investing, but that's about it. The conditions of the last few years didn't really make it possible to start a PE firm, as debt wasn't available.

Pfingsten in Chicago, and Mason Wells in Milwaukee have been growing, however, in terms of capital (not employees, though).

 
Best Response

Brand new firms/funds are few and far between at this point. Your best bet is to find an existing group that is raising a new fund. It is so difficult to raise a first fund in a normal economic environment to begin with...and it's nearly impossible to do in the one we just came out of (still in?).

I've met people who have either been raising funds for years (literally) or they raised a fund and never meet their initial goal. I've also met some groups that have made zero investments out of their fund raise a year (or 2 or 3) ago because the market was so horrible.

As far as the Midwest, I said Baird's group was looking for a person or two not too long ago. I'm not too familiar with Midwest PE firms but it seems likely that they will be few and far between. Texas, Chicago and Denver will likely be the best places to look for groups that specialize in those areas. Good luck.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 
PuppyBackedSecuritiesTexas is NOT in the mid-west! How dare you.

Haha, I certainly wasn't implying that, lol.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 

Eligendi quas minus pariatur. Consequatur et nulla veritatis et at. Cumque omnis natus quidem ut.

Veniam ea cum vitae est provident. Sit quidem autem neque explicabo aut. Saepe voluptatibus porro debitis eum ipsam amet quia. Minus dolorem omnis suscipit debitis aspernatur animi impedit asperiores. Ut accusamus consequatur error nostrum.

Career Advancement Opportunities

August 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.2%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

August 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

August 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.2%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

August 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (105) $280
  • 2nd Year Associate (235) $272
  • 1st Year Associate (413) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $61
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”