Private Equity Interview Course

  • 2,447 questions - 203 PE funds. Crowdsourced from 750k+ members
  • 9 Detailed LBO Modeling Tests and 15+ hours of video solutions.
  • Trusted by over 1,000 aspiring private equity professionals just like you.

Comments (45)

Nov 28, 2018 - 10:25pm

Heard a lot of mid/midupper MM at decent places, no mega funds from what I've heard, but there may be a few. Hedge fund recruiting hasn't happened yet and its not on a regular process, it's usually immediate hire except Farallon and a few other SpecSit Distressed Megafunds.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Nov 29, 2018 - 1:36pm

Moelis NY places well compared to most banks, but they were never a seed for Megafunds. Kids who would position themselves do to restructuring or go that route seemed to get into those types of roles at the better places. There may have been 1-2 mf exits that I don't know of though. Even in the past it was usually Apollo, Ares, etc. who have a distressed edge. I know one or two people also went to top FO's in the past like MSD and such. Never thought of NY as placing as well as Evercore LAZ or PJT. LA is definitely on par with the top groups.

Nov 30, 2018 - 9:17am

I know P72, Anchorage, Baupost, Oaktree, Silver Point, Citadel, Millennium, TPG SSP, and a few other credit shops have recruited. I am fairly certain that most of the larger multi manager / strat shops that typically recruit on a cycle have gone. But many HF's don't have a specific recruiting cycle for sure.

Nov 30, 2018 - 8:55pm

Moelis NY on average sends 1 - 2 people to Apollo every year and most of the 1st years that Express an interest at least get a 1st round. Similar on center bridge but average call it .75 a year in that there is normally 1 a year but there have been years with none. After that its pretty scattered but very few large cap PE funds in flagship groups (in Moelis NY).

Most Helpful
Dec 3, 2018 - 5:40pm

Heard through a colleague who's from Moelis that both offices killed it For NY I heard just from the street ....American Securities, TSSP, Ares, Encap, Harvest Partners, Jadwa Investments, UBS Spec Sit, Apax, Morgan Stanley Special Sits, TA Associates. And Moelis LA was the usual... got Apollo NY, Apollo LA, Centerbridge, KKR SF, H&F, TPG, LGP, Ares, BX Tac Ops

Dec 9, 2018 - 5:37pm

Can someone explain the obsession with Centerbridge? From what I gather, it's a decently performing (single digits - teens IRR) UMM fund that hires a bunch of people and isn't particularly lean. Is it just because it has this association with distressed that people think it's so sexy?

I get it's a top notch fund, but people seem to mention it far more than other funds I'd expect to be similarly sought after (H&F, CD&R, Providence, Warburg, Golden Gate).

Start Discussion

Total Avg Compensation

August 2021 Private Equity

  • Principal (7) $694
  • Director/MD (18) $575
  • Vice President (66) $368
  • 3rd+ Year Associate (68) $270
  • 2nd Year Associate (137) $254
  • 1st Year Associate (276) $224
  • 3rd+ Year Analyst (25) $160
  • 2nd Year Analyst (61) $135
  • 1st Year Analyst (177) $118
  • Intern/Summer Associate (19) $70
  • Intern/Summer Analyst (210) $59