{ "media_type": "text", "post_content": "AMA - PE Operations - hey everyone! I work in PE operations and see a lot of people asking questions about how it works, how to get into it, etc. more than happy to answer any simple questions and answer anything within reason. Won’t discuss anything that can be viewed as confidential or specific to my company.", "post_id": "616efcd8487ffe002a9df9af", "reply_count": 56, "vote_count": 22, "bowl_id": "5b7c3919448e9300186d3deb", "bowl_name": "Private Equity and the Buy Side", "feed_type": "bowl" }
null

AMA - PE Operations - hey everyone! I work in PE operations and see a lot of people asking questions about how it works, how to get into it, etc. more than happy to answer any simple questions and answer anything within reason. Won’t discuss anything that can be viewed as confidential or specific to my company.

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

1. How did you find your way to PE Ops?
a. Did you proactively reach out to members of your company? Were you approached by headhunters?
2. If you were to learn or do more work in select areas to better prepare for your current role, what would they be?

like

Thank you, OP!

How is the work structured for you - do you do project type work across multiple portcos or do you focus on 1-2 key ones? What about the same for your team?

Do you see people joining from consulting from manager / principal level, and if so for what levels and what specific skill sets are funds looking for?

Thank you, OP! It’s very insightful
Can you please elaborate on the exemplary types of projects you do? And how are ops teams and portco teams organized around these? How often, if at all, you bring in consultants to support?

Recent IconRecent

Thanks for doing this? What’s your background? Comp & YOE?

like

It has less to do with years of experience than it does quality of experience. A 35 year old who ran grew and ran a public company may come in as a principal or partner and a 45 year old who was successful but to a lesser degree may come in at VP or principal. They hire the person, not the years. I’d say VP and Partner are more common entry points that principle.

like

Do you get carry and how is it structured? How long does it take to get the first payout?

like

My base is mid $200’s - bonus + carry will contribute about the same averaged over the next 5 years.

From a consulting prospective, what types of skills, projects, types of work etc. would make consultants viable candidates for PE ops roles.

like

Absolutely ^

How much do associate hires (2/3 years of consulting experience after undergrad) make in PE ops? Base vs bonus breakdown? When does carry kick in?

like

Thank you for the answer and for doing this AMA. Super helpful!

What are the most common initiatives your firm takes to improve PortCos?

like

Anything and everything. We can be strategists, interim CxO, board members, and more. All depends on the needs of the portcos

like

What did you do prior to PE Ops?

Worked within marketing, business operations, and revenue growth within growth stage companies in leadership positions.

likeuplifting

Are you in partner track within PE ops at your firm? Is there a 2 tier perception (or structure) across Ops vs Deal team?

Partner is likely 5-7 years away still, but definitely the goal. While the focus is still in the deals and the deal team, ops is becoming a more important lever in the industry.

like

How’s your WLB?

Changes everyday. Some days I’m laptop down by 5pm. Other days you grind into the night. In general I have a better WLB than I expected and it’s better than folks on the deal team. I’d say I work 45-55 hours a week on average.

like

Do you see lots of people from FDD come into PE Ops? I feel like i’ve seen it a few times (for pre-acquisition diligence and integration), but wanted to get your take/experience.

3-4 years in consulting with no MBA. 2 years with a top MBA.

like

Thanks for doing this OP! Currently a consultant w/ 2.5 yoe. Is the move to PE ops really only viable if I get reached out from headhunters, or can I start reaching out to them first proactively?

Which Headhunters do you recommend for US?

like

What size fund are you at? MF, UMM or MM?

What type of investing style? Traditional buyout vs growth vs distressed?

Within PE Ops, what do exit opportunities look like at your level? Are you contacted frequently by recruiters from other firms?

If you don’t mind me asking, within ‘Ops’ (broad term) what specific team are you on? Strategy? Risk management? IR? IT? From your experience, does each team have different levels of compensation / comp structure?

like

Are you at the PE Ops conference today?

This one was PEI. Was at ACG thing over the weekend

What was the interview process like?

What does the trajectory look like? Probably need to take a role at a portco? Or is there upward mobility?

The more junior you are, the more likely you need a role at PortCo

Additional Posts

Hi all, I’m trying to up my business strategy game. Love it but feel I miss more background. Any courses to recommend?

like

FB needs to allow memes to be posted. This place would be a gold mine

like

How is Fujitsu for SAP Functional having 8yrs exp, offering 25 fixed.

like

I just lost my temper during a pitch. No brief means we're stressed and no one really knows what to do. It's also a strategy by committee

like

Will media and creative teams ever work in harmony again? I’ve been on both sides and there’s always roadblocks. Are there any “full-service” agencies really doing it well?

like

Best way to sell used home appliances?

like

How long of a notice would you/did you give when leaving Deloitte? I’m an SM so I wasn’t sure if two weeks was sufficient. Thoughts?

Has anyone ever taken a break from advertising? What job did you do (in-house, something completely different)? Did you find it difficult to come back?

I’m really burned out and need a break.

like

Can we hold trump responsible for biggest decline in stock market since 2011?

likesmart

Chicago ppl still alive?

❄️🥶❄️

likehelpfulfunny

What are the average jr and mid level salaries in Miami?

Can someone please explain to me why the pandemic is labeled as "worsening" in Chicago (and IL in general) when all the numbers are pointing to the opposite? The # of tests performed every day is trending up while positivity rate is consistent, and number of deaths is decreasing?

like

What the heck am I supposed to expect from my career, consulting or not? A year out of college and v unsure what it’s supposed to be....

like

Looking for good decently priced bar stools (<$75 each), any recommendations?

like

Difference between a small agency and a “boutique agency”?

like

Anyone around tricity ?

like

Does EOS have a wallet? Can’t seem to find it? Any ideas?

like

Final interview for PwC People and Org Change, but they haven’t really told me anything about how the final interview is being handled. Anyone from PwC tell me how a final interview is conducted?

like

Happy boy. Only thing he wants in life is to be pet. You can tell from his face that all the pets make his day.

Post Photo
likeuplifting

Does anyone know if Swans fees are cheaper than CoinbasePRO's ?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

For account settings, visit Fishbowl on Desktop Browser or

General

Legal