Top BB NY to Asia PE

I'm joining GS/MS IBD in NYC, but I'm from Asia (not China) and want to get back to the region for PE.

  1. Is it possible to do your analyst stint in NYC and then go to HK/Singapore PE?

  2. I feel like PE isn't as established in Asia as it is in the US (never really heard of a reputable Asian MM PE firm), so would I have to target megafunds' Asian offices?

  3. If 2 is true, how would I stack up given that I don't speak Mandarin / Cantonese?

Comments (9)

 
Sep 25, 2010 - 10:58am

I definitely like it here, but I grew up in Asia, my family is in Asia, and I just feel like I need to get back. I just want to explore the option. If I get a better opportunity in the US, then I'll stay (worrying about stuff like sponsorship etc). But I have an eye on Asia.

 
Sep 25, 2010 - 2:14pm

also heavily depending on what you will be doing in GS/MS

if you are doing tmt and natural resources for example, you will have a place in Asia because the robustness in tech and natural resources in asia, and they need someone with the US background and exp who had deal with those type of companies before.

However, to Gut's point, it will be extremely difficult to connect with the client if you don't speak Mandrain fluently. Also, as a side note and also no offense to you...Chinese people are the most racist people on earth (fyi, I am chinese so I know this..). Anyone who is not white or yellow (chinese, korean, japanese, taiwanese) is looked down upon in China.

  • 1
 
Sep 25, 2010 - 6:02pm

Quality of life is definitely comparable between Hong Kong and New YOrk. It's just a totally different experience. I'd say on the junior level, in terms of compensation at least, HK definitely leads to a better lifestyle

 
Sep 26, 2010 - 12:07pm

I think you probably should target at mega buyout funds in Asia (i.e KKR, TPG, Carlyle, CVC etc), they do whole lot of things outside China and much more interesting that the China stuff in my opinion (I am Chinese so the only thing open to me is China growth funds or investment). It's not only the China business in Asia now so I wouldn't worry about language if I were you. I sometimes think the language capability actually limits people's possiblity.

Start Discussion

Popular Content See all

Life Hacks during WFH | How do you avoid burnout?
+52IBby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A
Leaked EY Email
+49IBby 1st Year Analyst in Investment Banking - Industry/Coverage">Analyst 1 in IB - Ind
I’ll never take WSO for granted again
+38OFFby Principal in Venture Capital">Principal in VC
What's so good about Evercore?
+28IBby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Have any 1st year analysts actually quit?
+25IBby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A

Total Avg Compensation

January 2021 Private Equity

  • Principal (6) $693
  • Director/MD (15) $627
  • Vice President (57) $366
  • 3rd+ Year Associate (60) $272
  • 2nd Year Associate (115) $245
  • 1st Year Associate (249) $224
  • 3rd+ Year Analyst (23) $162
  • 2nd Year Analyst (56) $139
  • 1st Year Analyst (163) $119
  • Intern/Summer Associate (17) $66
  • Intern/Summer Analyst (178) $59

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Secyh62's picture
Secyh62
98.3
3
Jamoldo's picture
Jamoldo
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.7
6
frgna's picture
frgna
97.6
7
Addinator's picture
Addinator
97.5
8
Edifice's picture
Edifice
97.5
9
bolo up's picture
bolo up
97.5
10
NuckFuts's picture
NuckFuts
97.5