Navigating the PE Landscape

Hey WSO Community,
Posting to see if any individuals might be able to guide me in my approach to PE recruiting. I've started to line up sessions with headhunters and am doing my best to prepare for the inevitable question about which type of firm I'm looking for.

I'm primarily interested in the highest-performing, consultant friendly firms (New Mountain, Berkshire Partners, Golden Gate, etc.) I've found myself at a loss on how to describe these. While I believe these have typically been referred to as middle market to upper middle market, it seems like fund and deal sizes for a lot of these firms keeps getting bigger (H&F with its monster fund as a great example). Furthermore, I've seen definitions for middle market vary from size of fund being $1-5MM to investments hovering around $1-2B in enterprise value.

Could any of you more experienced professionals possibly help me better articulate this group of firms?

On a related note, when describing preferences for middle market, would reasons like broader transaction experience, higher returns in the market segment, higher emphasis on industry diligence (as opposed to financial engineering) suffice?

 

Dicta et debitis a quo. Illum velit qui quia. Consequatur enim exercitationem voluptatem alias omnis itaque sed in.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (90) $280
  • 2nd Year Associate (205) $268
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”