Are there any advantages to working for a smaller LMM firm over a much larger and well-respected UMM firm? Or are larger firms always better than smaller ones? Smaller firm seems like it has a strong trajectory, great returns, and some big-name LP's. But the firm itself is new (~6 yrs old) and not well-known.

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

Really depends on your career objectives. My view is that well-respected UMM maximizes your odds for MBA placement, while LMM generally has higher rates of direct promotion to post-MBA roles / better odds for general career advancement.

Also, from a returns respective, it’s much easier for a LMM fund to generate 3.0x+ MOIC outcomes given small $ growth needed for large % scaling vs UMM deals where intense competition results in near perfect pricing on the front end of a deal.

like

Related Posts

Know anyone subletting in NOVA/NW DC? 27F

like

Senior creative salaries in Chicago? Agency side.

Given that KSA announced today that they believe it’ll take between 4 months to 1 year to deal with the virus, does this hamper all KSA projects for that timeframe?

like

Are there firms willing to hire an experienced audit senior that needs H1B?

like

IPOE orders filling?

like

Boston Consulting Group How to avail car lease in income tax. I have my brother car, can I show it as car lease and share his details.I can show 40% of basic as car lease, fuel and maintainance in offer letter. What documents to show for the same @Société Générale

Societe

GeneraleBoston

Consulting Group

Tata ConsultancyInfosysAccenture

like

My texting game sucks. Best opening lines to use on dating apps?

like

I’m a 3rd year fund formation lawyer. I don’t find anything in my day-to-day interesting as most of it is copying and pasting already drafted provisions or process-related tasks (think overseeing sub doc review). I’m honestly very bored, despite being very busy, everyday. Has anyone else ever felt this way and did it ever change as you became more senior?

like

It is normal to gain weight gain.
I am doing weight lifting daily
And As it is protein powder

like

Working at a company and they can’t seem to hold on to their female, black and people of color employees. I blinked and 3 of the people who were in my onboarding class were either fired or they left. For context I’ve been in company less than a year and there are people who have been in the company 25yrs. I’m thinking of cutting loose before it gets to my turn.

like

What are people’s thoughts on Alvarez & Marsal (A&M)? Culture? Reputation? Type of work?

like

Accenture India Hi,

Need a referral for a job opening at Accenture India | Accenture .

JOB NO. 649439

Thanks!

like

I've started waking up for a sunrise walk everyday, then working for two hours before my kids get up. Always hard not to hit snooze, but so glad once I do it

like
like

Each year I buy my staff a small Christmas present as a thank you for all the hard work. I have a senior who is a 25 yr old guy and I have no clue what to get him. Suggestions?

Any insights on the bio patent prosecution group at WilmerHale NY office?

like

Anyone need help with hiring quality talent for their PE firm? Ex strategy consultant-turned-recruiter here with a large database of bankers and consultants looking to exit to investment team and portfolio ops roles, as well as to PE-backed companies!

Happy to provide a referral bonus for successful intros!

likefunny

How do you evaluate equity in a startup offer? If they offer x number of shares, how do you calculate that value?

what’s causing the crypto to drop significantly today?

funnylike

What will be the in hand salary for 19 LPA , 17 fixed + 2 variable in NielsenIQ

Additional Posts in Private Equity and the Buy Side

Is the CAIA a worthwhile designation to pursue? Firm is willing to sponsor, but not sure how much PE firms care about it

Hi all, what’s a typical promote share for employee pools and individuals? Here are some stats to share on my end: $2-3b AUM sponsor, no commingled fund separate deals, 10-20% employee pool in any one deal, mostly real estate so long term investments 5-10years, I am personally getting on average 2.5% of the total pool.

like

Is there anything in the employment contract of PE firms that would prevent you from having a small side business that doesn’t interfere with your day job?

like

Super basic/elementary question: where (websites) can someone “learn the ropes” of VC (e.g., modeling skills)? PE has a ton of resources for someone to learn LBO models, for instance, so I’m curious what the parallel is for VC. Thoughts?

like

How difficult to switch from growth investing to mid market buyout as a VP?

like

For those in PE - how do you evaluate start up ops knowing once you leave it may be impossible to come back to the industry. Looking at a VP Corp Dev role for >$500m start up. Comp expectations?

like

Anyone have any insight on comp for London growth equity scene? Any thoughts are useful, whether it’s comparable to PE or how the tier 1/2 shops are split please? Thank you!

like

How does MMC ventures compare to Beringea, and what are typical TC ranges for associates in VC in london (incl. carry and bonus)

like

Any tips for someone wanting to leave consulting and move to VC or PE firm? In healthcare so any firms I should check out would be appreciated

like

How are Operating Principal / Operating Partner roles usually compensated at PE firms?

What base / bonus / carry does one usually hope for to make it a good offer?

What is the main difference between mid-tier vs megacaps on that side?

like

Consultants in deal teams, what advice would you give to consultants going through recruiting now?

like

So what’s the end game/exit for PE Associates? As someone in PEG I’m at the max hours I’d ever want to work for an employer and these PE firms seem to work even later, and then all weekend. What’s the point? A bit more money? What are exits like for a PE associate?

like

Is the exit to PE funds significantly better from MBB compared to T2?

Should I 1) try to break into PE industry and lateral up OR 2) move to MBB and then recruit?

like

What is market vesting schedule for carried interest? Fund-level carry. Curious if our fund is off-market (10 year vest).

like

Currently an associate at a UMM. Is it possible to switch to IR later down the line if I wanted to? And after what time frame is optimal (i.e 2 year associate stint or is later fine as well)?

like

Hey 🐟s. If anyone wants any advice on getting into growth equity give me a shout. Had lots of people help me break in so want to pay it back.

like

Hi all, can anyone comment on the culture at Platinum Equity, in particular in the UK?
Also, what are the different levels (hierarchy) and rough comp? @platinum equity

like

Let’s talk about carry. When are folks at your firm granted carry? How much and what are the vesting terms? How do you consider carry in terms of your total comp?
I’ll start. At my MM firm, carry is granted based on fundraising and can be granted as early as associate for the right person, though usually senior associate and up. Vesting is immediate and paid out as fund investments are exited.

like

Perceptions of the CAIA designation?
Who can it be helpful for?

like

Do PE firms typically drug test new hires?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal