Coach
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Coach
My kind of protester.
Sunset in progress behind Mt Rainier
Additional Posts in Transaction Services, M&A, Deal Advisory
What’s your utilization right now?
Community Builder
Coach
how much harder is banking then valuation?
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That sounds like an FP&A role.
Typically the Value Creation teams are much more senior (like partner level) and unless you’re several levels behind on updating fishbowl, you’ll basically just be an ops grunt like you would be at most companies in the world, just with crazier bosses. I wouldn’t seek a PE ops role until manager or higher, no one’s bringing in a 26 year old SA to tell a 40-50 year old CFO how to run their business
If you’re confident you’ll get the manager nod my advice would be to get it. Once you’ve made past manager at a big4 the world looks at you a little differently. A lot of people don’t recommend staying past that level, maybe do a year but as soon as a good opty comes along take the exit. At M you can usually still exit for more cash comp. At SM that becomes exceedingly more difficult (I.e. you’d have to take a pay cut, at least on base).
PE ops is a pretty loosely defined term and every fund is organized a little differently. Most funds have operating partners that are seasoned vets in their domain and their main job is coaching their c-suite equivalents at portcos - highly paid jobs with meaningful carry that are going to people with 20+ years min of experience. They usually have support staff, but also tend to hire at the 10/15 year of experience mark, at least at my MF clients
Junior level “true ops” roles are focused on actual value creation and are mostly hiring ex BCG and not every fund has them.
The natural progression from FDD is into the kind of internal fund team that’s doing analytics in support of value creation plans. Not every fund has them, but can be cushy when you find them
Coach
For the internal fund analytics you’re talking about, what are these roles typically called? Portco operations or like deal analytics?