For those in PE Ops, If given the chance to move to deal team, would you? Curious to hear opinions!

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I had toyed with the idea but ultimately I wouldn't... There's too much late night and weekend work spent on deals that you know from day 1 that are very unlikely to happen, which can be pretty frustrating and (IMO) not worth the time away from family.

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No

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Everyone has a fantasy about working on a deal team. It is really a tough job, tons and tons of hours, evaluating companies you will not end up buying, working with the portco c-suites and hope they can hit their targets and if the harvests are not great, there is no follow on fund and you need a new gig.
The money is great, but it is really hard work.

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C1 - co is private so no public market stuff to worry about (earnings calls, short term focus)

We get to focus on medium to long term growth and invest in M&A and capex. That is hard when you are explaining lower EPS to analysts bc high capex bc you need to build a factory that won’t generate revenue for another year.

The pace is quick, but not DD consulting fast. We have only a few years to really move the needle and execute on our plans to hit our targets.

We have equity that is aligned to that and we are rewarded with a successful exit.

I absolutely love it.

helpfullike

Nope, love my time in PE ops and it's where my spikes are. Never wanted to go into the deals team.

As long as you get equal carry and voice at the ICs, I don't think there's much to desire. Assuming of course you actually enjoying leading the value creation type of works

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Differs. I believe I've seen some VP/SVP levels getting carry, but to a much smaller degree.

For myself as a director level it's relatively common to have carry. But then again this differs from firm to firm. if you're talking about a MF it will be different than an LMM. It may also differ whether you are VC, growth equity or buyout, etc... it's just good hygiene to ask when screening for roles in PE

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Yes while I’m young… the hours are pretty crazy though not sure how sustainable and whether I’d want to in the long run

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