T. Rowe PE

Have been seeing a handful of investments from TROW in venture and growth-type companies. Does anyone have insight on TROW's private investing arm - team size, typical background, comp, location (assuming just B-more), etc?

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 (3)

  • Associate 2 in PE - LBOs
Nov 21, 2021 - 4:24pm

Don't know specifics on team but you're right in that they pretty much do mega rounds of pre-IPO companies that need massive checks that most traditional VCs won't write (you'll see similar investments from time to time from the CPPIBs of the world)

Nov 21, 2021 - 4:41pm

TROW has done a lot of work to up its game in private investing. Right now it's just one guy, David DiPietro and a few members who help do the business side. No analysts yet, but looking probably for Baltimore. He has a ton of opportunity in his team to support the company's efforts in equities. Some of TROW's funds are able to write checks that far outsize what a VC firm could do, which is what makes it so interesting. Currently, the efforts have seen these investments be included in existing funds, rather than become their own funds. 

TROW has had some major successes and failures with privates too and the team largely focuses on Biotech later stage investments. Some successes include Sweetgreen, with other failures like WeWork hurting the practice's reputation. When these investments were made Private Equity was not its own division, so this work was done by traditional long-only stock pickers. Hopefully, the new team will be smart about its investments. 

  • Analyst 1 in AM - Equities
Nov 21, 2021 - 4:44pm

Dolores natus consequatur non quas eos cum. Aliquam voluptas culpa veritatis nisi in in. Quo sit laudantium omnis expedita. Sequi rerum voluptatem dolorem qui sit nobis.

Iusto nihil occaecati deleniti dolorum tempore rerum excepturi enim. Et deserunt dolore natus quisquam. Ipsa quasi in tenetur iure totam. In non voluptas quis velit.

Qui assumenda natus corrupti esse autem. Itaque quia cumque aut accusantium dolorem velit nisi. Fugiat occaecati ut voluptas. Animi minus aliquam cupiditate et et fugit. Velit amet est fugiat vel tempore exercitationem quis. Vitae officiis asperiores et odio similique modi qui. Voluptas mollitia asperiores et totam quod repellendus ducimus.

Start Discussion

Total Avg Compensation

December 2021 Private Equity

  • Principal (8) $676
  • Director/MD (18) $575
  • Vice President (70) $361
  • 3rd+ Year Associate (70) $270
  • 2nd Year Associate (143) $252
  • 1st Year Associate (294) $220
  • 3rd+ Year Analyst (26) $159
  • 2nd Year Analyst (63) $134
  • 1st Year Analyst (190) $118
  • Intern/Summer Associate (21) $67
  • Intern/Summer Analyst (225) $58