Are private equity operating roles considered respectable and prestigious in the buy-side space? What does the compensation look like for an associate at a LMM firm?

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I recommend you try to rework your thought process to build from what you want to do and are good at rather than people’s opinion on “prestigious” jobs.

90%+ of the people you will meet outside work don’t know the difference between private equity and working at Northwestern Mutual.

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The most reasonable response here. The "prestige" factor is very much dependent on how much importance you apply to it because to most people, it just doesn't matter.

Look at the H&S report. Not perfect but closely and at least directionally helpful

Totally agree that one shouldn’t let prestige dictate a career move. I have heard that certain firms treat Ops as second rate employees. Totally firm dependent though—there is none of that at my current shop. You should get a good feel during the interview process. I’d also talk to ops associates at adjacent firms for perspective

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