How many Partners usually exit to become Operating Partners in PE? Any push back on not having industry operating experience? Is it even an “exit opportunity” or a lateral move with additional at risk pay?

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

Operating partner is a rung below the leadership layer in PE so not often. They are like the MDs of the PE world.

likehelpfulfunny

Appreciate the responses, it sounds like it would make more sense to make a move and become a GP. There are a couple ex consulting partners I’ve come across that become OPs but it doesn’t seem like it’s a tried and true path for folks.

funny

I haven’t seen any P for consulting make that move.

like

There are at least 3 I know of from B4 who left for a 60bn AUM shop. I assumed the pay was better

like

Related Posts

Hi all,
Looking for a career change, I’ve experience in project management, oncology, health promotion, engagement, inclusion and diversity and hoping to work for a pharma. Happy to relocate and would love some guidance and referral please 🙏🏾

like

Hello Everyone,
Can anyone help me from Barclays, what will be Variable component % which is not part of CTC offered.
HR told me Variable component will be over and above CTC offered.

like

I'm a Tech Risk SC, but have an accounting/finance background. I'm doing the FRM now for broader cert experience, is it worth doing CA long term in my area?

Salary pay slip is ready in the portal but salary not received 😂

funny

One of my direct reports has asked about going part time. They currently manage special reports in a bi-weekly publication, working closely with sales, freelance writers, and an internal designer. Job duties are primarily project management and editing/proofreading. As the first read on articles, they need to have an understanding of the material (business/regulation). Has anyone had experience with job sharing in this type of a role?

Recommendations for websites or newsletters to subscribe to, to stay informed on anything finance related or deals related? Any podcasts too. Thank you

likehelpful

TIAA Vodafone
Hi fishes,
I have offers from both _VOIS and TIAA
Need your help to understand how which would be better in terms of WLB, culture and overall benefits.
YoE 6 years
TechStack : Cybersecurity (IAM / SailPoint iiq development)

like

I see a lot of Jr. Level folks (myself included) in this bowl asking about certain finance exit opps like MM IB and PE etc.

At some point is the comp that much better?

From Big4 Transparency: S1/MCOL/2YOE/FDD making $97k. Managers MCOL close to $150k.

very Selective jobs( MF PE and BB IBs) kinda blow these numbers out of the water... but for the more attainable exits like MM IB and and corporate development... considering wlb and pay, is the grass much greener?

Thoughts?

like

Has anyone moved to ireland or visited for a long period of time. A role is opening up there and I have the potential to move. What are some things that I should consider. Currently live in SF, CA

like
likehelpful

If you’re a core SME for a large tech implementation, what’s the right way to exit/give two weeks notice?

like

Please suggest in terms of learning, job security and work life balance which organisation to go for in the current time from the below offers...
Thanks in advance for your valuable suggestions.

TabSquare (22 fixed+ 1.5 variable)
Zensar (20 fixed+ 1 joining bonus)
Rightpoint (22 fixed+ 1 joining bonus)
Accolite digital (PKG not confirmed, estimated 24 fix + 1 joining bonus)

Tech stack Frontend Developer (react js, JavaScript, HTML5 and CSS3)

like

Hey everyone,

Can anyone here give me a referral in their company, I am looking for a Front-end web developer role with reactjs.
I have 3 years of experience in non-IT field and trying to switch domain now.

Thanks

My wife has her joining date extended from Randstad and no joining date has been provided. What are the chances of her offer getting revoked. She has around 1 year of experience in HR. She got to know about this just on the last day of her notice period. She doesnt have any other offer as she didnt expect the joining date to get extended. Randstad. If anyone is open for hiring, please let me know. I can share it with her. Morningstar Tata Consultancy Accenture JPMorgan Chase Wells Fargo Infosys

like

I got call back from Capgemini that my expected CTC has been met. HR told "I got approval from my seniors of your expected CTC. I am generating offer letter in the system. You will get the offer letter by today EOD or by Tomorrow" Is he fooling me or I will really get the offer letter? Capgemini
Role: Team lead
Experience: 9 years
CTC offered: 21LPA fixed.
Techstack: .Net

like

Would anyone be willing to give me a referral to salesforce?

like

What is the average yearly hike at Informatica ? And do they retain you if you're demanding 27 LPA (current CTC is 17 LPA) because you've got a comparable offer?

I really like the culture and flexibility over here, and don't wanna leave, but I wanna earn more.

like

Hello everyone, can someone please help me with preparing for a case study for BA role in Eli Lilly? Any references or topics to cover would be very helpful!

Hi All.
I am looking for Salesforce Functional BA roles in Accenture. I am currently working with Persistent Systems. Please let me know if there are any relevant openings.

More Posts

Hello fishes, I joined IBM on 16th Aug 2021 as a Data Scientist and was offered 1L joining bonus. Will I have to pay back the joining bonus if I leave IBM on 16th Aug 2022 , i.e , after completing 1 year ?

Can someone explain how billable hours work? At a new agency and although I had to fill timesheets at my previous agencies, they were mainly used to ensure we weren’t over servicing a client/for setting the appropriate retainer for contract renewals. I asked ppl at my agency but haven’t gotten a proper explanation. I get the impression that billing to the agency admin code isn’t recommended, and my manager said he bills everything to client codes, but that doesn’t make sense to me .

like

Looking to learn coding. Any thoughts on learning code through a website like Udemy, CodeAcadeny, etc.?

like

Hi what should be the CTC for a Director cloud? Any suggestions

like

December is typically slow due to EOY/holidays. How to maintain momentum when losing motivation and don’t want to stall until Jan?

like
like

Hello Everyone, Can anyone tell how many DC's do Infosys have in Bangalore.

I live in North Bangalore and Electronic city is too far from my home so just wanted to know if there is any other DC apart from Electronic City Infosys

like

Larsen & Toubro Infotech In HCL if I am from Kolkata and my base location they gave as Noida,after starting working on project do i need to move to noida or I can work from home? (Got an offer from HCL) HCL Technologies Tata Consultancy Infosys Cognizant Larsen & Toubro Infotech

Hi guys how's work life balance in EY India in technology line? What is the average working hours during normal times and peak season? I would be really glad if someone can help me with this! Thanks!

like

I am holding two offers :
Wells Fargo: 33 lpa
PWC ac Bangalore: 33 lpa
Yoe: 8.3
Which company should i join considering job security, future growth , brand etc.

like

Is anyone starting at the London office on March 15th? Has Vialto initiated your visa process? The recruiter has been unresponsive

like

Yeah. So glad you made this fishbowl. I’ve considered leaving this industry in general... i just find it hard to find good ppl. “Bad company corrupts goods morals” (might be butchering).

like

If you could rename your firm to make it more representative of said firm, what would it be?

like
like

Hi fishes,
Anyone know what is subway account in Capgemini?

like
like

Coming from a customer engagement profile, I want to understand what profile would suit me to apply for, in companies in Noida? I have 2 years of teaching experience and 5 years of experience in Aviation.

like

Was scheduled for an interview today for a Director pos. early morning I get a Reschedule request to next Wednesday but I cannot make it due to personal commitment .
Called recuit
mgr.to let him know and he tells me the director is very busy as she’s the IT. Dir for the whole org.politely asked him to send her availability other than next Haven’t received anything since then . Wondering if such co. Is worth pursuing that doesn’t value others time and that too a replacement pos for the same busy role 🥹

like

Are they really answering the questions? I am confused.

like

I made a mistake. I talked with the ex this morning. He said he misses me. And that while he walk talking to the other woman, he wished he was talking to me instead. And when he saw that I didn’t respond to his texts, he drank a shit ton. And then called this morning.

He’s not willing to commit to the other women because he’s not over me.

I need to block him.

like

Additional Posts in Partner One

How did you find out what you want in life? Feeling lost mid-career..

like

At Accenture, I feel that 9/ 10 MDs I see are solid business operators/ relationship developers in contrast to true value creation/ thought leadership. I enjoy creating. Ctd...

smart

PwC partners have any comments on the cohort model? A lot of complaints in PwC bowl arising from the disappointing adjustment and the constraints the model has imposed on career growth

like

Just heard FY23 partners at PwC are getting only 40 shares vs.60 last year. Looks like new partners are being shown the middle finger by Tim Ryan in favor of increasing stock price and getting more catalyst hires. Sucks!!

likefunnyhelpful

Just got promoted, still not satisfied with the comps - will it be received poorly if I ask for my compensation to be readjusted based on competing offers ? I have 3 that are at least 30% higher...CNT

likehelpful

Question for some of the senior partners on this bowl: do you mind sharing what does the the top end of partner comp look like? Is it like 2-3M annually? And how many years it took you to get there after becoming partner?

like

Dear Partners-
Have any of you switched firms to make P? Worth it? Tips? Have always planned to make at my firm, but my firm isn’t keeping up their end of the deal, so I’m job hunting....

like

Starting apartment hunting in NYC soon. Any tips and recommendations for studios & 1 bedrooms in the city in terms of price range, ROI, neighborhood, down payment, best time to invest etc.

PPMDs, if an employee comes to you and ask for support to join a different group within the firm and the employees ends up not getting the other role, do you typically treat them differently after (e.g., not staffing them on as many deals) / would you hold them back from promotion the following year?

like

Partners, what's been the impact to ongoing sales conversations? Do you think we're all screwed for the year?

like

With the CDC releasing new mandates, What are partners seeing from clients? Are they asking for full return to the office? I definitely want to keep staying wfh and not commuting :/

like

Partners, need some career advice. I'm in a niche BU at a big 4 focusing on risk related to certain cutting edge innovations in my industry (intentionally being vague). I'm being heavily recruited by a competitor firm to jump. I have just over 6 YOE, looking to promote in a little over a year (which would still be early at my current firm). To clarify, I'm not looking to leave, but will never say never. Firm looking to poach talks big game RE comp (potential to double my high 100s salary). Cont.

likehelpful

Negotiating an offer with MBB. How should I negotiate for unvested RSUs? I have about $400K with a vesting schedule over the next 3.5 years. Thank you!

like

T3 firm reached out re: direct admit to the partnership with some runway to grow the practice. I am at a firm now where there aren’t bright line metrics to make PPMD, but think I could make it in 2-5 years. This would be a step down in brand, but might be better from a WLB and getting to start at partner. Haven’t had firm comp talks yet but range was well north of 50% increase in cash comp from current (plus LT equity, draws, etc). Anyone take $ over brand? what are some traps to watch for?

like

I've heard a couple of things about how the partner pension amount @ PwC is determined, both similar in approach.

Both calculations I have heard of result in an annuity paid until death, at which point a surviving spouse (if any) receives the annuity.

The first calculation I have heard is that you get 80% of your highest earning year as a partner (e.g. If your best year was $1M, you'd get $800k as an annuity).

The second calculation I have heard is that they look at your three highest earning years as a partner, and take the second highest and you get 100% of that. (e.g if your three highest earning years were $1M, $800k, and $1.2M, you'd receive $1M as an annuity).

Is ANY of this true, or just all rumor? Any PwC partners that can chime in and explain the pension plan fact for fact? Perhaps with sample numbers?

like

@Partners - how much money do you need to invest I to the firm to get your partner share?

likefunny

Partners with kids and a working spouse, how do you manage? Is it realistic for both people in the relationship to work full time long term? How do you keep marriage going and career progressing?

likesmart

What are the benefit differences between an equity partner and a non-equity partner (e.g. managing director)?

Partners,

My firm is immature in guiding development planning. I have energy to accelerate to the next level of responsibility.

What evidence distinguishes an analyst as ready for the next level?

like

At some Big 4 companies there is a Partner / Principal group that has equity and are part owners of the business and an equivalent Managing Director group that does not have equity and are essentially employees.

How does it work at McKinsey / Bain ? Do those same distinctions exist across partner types, owner vs non owner?

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

Scan your QR code to download
Fishbowl app on your mobile

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