Texas - WLB

Considering an offer from a PE fund in TX. They're mainly NY based so this would be a satellite office. I've always heard that NYC culture typically works harder and that TX/non-coastal states are typically more relaxed and balanced with WLB. However, does this hold true in PE? I presume the competition for deals, diligence process, and investment committee are all relatively the same regardless of where you live so I would've guessed that the long hours and grind are the same. Has anyone made a similar transition and seen better WLB?


Thanks

 

Totally varies by fund. Peak Rock in Austin and Lone Star and Riverside in Dallas have reputations for being sweaty, while I know some LMM funds in Dallas that work barely 50 hours a week (outside of crunch time).

As you can probably guess, hours tend to correlate with fund size (esp. relative to headcount) and founder backgrounds. As a whole though, TX tends to be lighter than NYC

 

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