What's it like working in CorpDev for a Sponsor-backed PortCo?
There isn't much information on WSO around this, but curious to see what people's experience is like working for a major PE or VC backed Portfolio Company in CorpDev, StratFin, or CorpStrat.
Some questions include
- What does your hours typically look like on a regular week and when executing deals?
- What is your company's mandate? Is it mainly add-ons or product expansions? Is there a defined target like, say 5 acquisitions a year?
- What's the career path look like? How easy is it to switch?
- What's your rough comp?
- Does sponsor reputation correlate with your experience? For example, Apollo is notorious for grinding hard, does that hold true for their portfolio companies?