I’ve seen a lot of chatter on PE Ops in recent days. Anyone bag an offer recently? If so, what level, YOE, TC, carry?

Looking for comps in this space (outside of the H&S survey) is challenging.

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

Depends on your level obviously. But coming from MBB they typically match your cash comp and then throw in a carry component which is another 200-300k annualized.

like

@B&C1 LMM fund - joined straight from MBA through networking w the team throughout the year prior to graduation

like

I wonder why sort of Ops role this group is talking about.
Ops roles that I am familiar are on accounting, administration, a bit compliance etc side.
Are you guys discussing only large firms?

Yeah this is an important distinction between "portfolio ops" (value-creation at portfolio companies - almost like an internal consulting team) vs "internal / fund ops" (finance, accounting, etc). The former can be considered front-office (enhancing investment returns via performance improvement) while the latter is considered back-office (support function / cost center)

like

If you did value creation work at a t2 consulting firm (both pre acq dd and post acq portco work), would it be a good positioning/entry point into pe ops?

For sure

like

Related Posts

I joined HCL last week and they initiated post joining background verification. I worked for a small startup for 5 months which do have only 10 employees in the past and didn't deducting anything for pf or TDS, also they didn't provided any TDS. Now, HCl background verification team is asking for form 16, i already told them that i don't have form 16 for that startup, now they send me one statement of fact and ask it fill that why I don't have form 16? Are they going to resicnd my offer?

like

How is work culture, professional growth and hike% at Siemens?

like

Hi Fishes, is there a increase in pay other than the general increment based on rating once you get promoted?

like

What is the hourly rate for a translator US Hispanic Market?

Does anyone know about applied materials???
What is salary band for 4yoe Hadoop developer

like

Hi all. Apisero HR said they'll send updated offer letter on the day of joining, when I went with a counter offer. Is this normal at the company?

Recruiters - when entering compensation, does recruiting software automatically screen out requests that are higher than what’s available?

like

Hi Guys ,
How much CTC I can expect from Cognizant YOE : 8.5 Yrs,
Tech : Azure , Pyspark , Databricks

like

Does managers( L7 ) get atleast 50% of the mentioned variable pay( 32%) in offer letter if they are tagged and completly utilized in project or it also depends on other factors? Any advise from experienced M will help :)

like

I'm trying to choose between IBM Corporate Strategy and Innosight. I like both opportunities. Innosight pays more, but I've never had a big brand like IBM on my resume. Additionally, I'm worried whether Innosight's exit opportunities are slimmer than IBM. Would anyone have some advice on what I should pick / how I should think about this?

like

Tips for 6-month eval? Originally hired at 35K as assistant and was told if I performed well, I could expect to make 50K after a year. After one week, the operations manager resigned and I took over as a trial. Officially am operations manager, but no title (only verbal) and no raise. Owner likes benefits over big pay raises. Thinking about asking for 46K, new cellphone and official title change. I'm expecting some negotiating, which I've never done. 24F, AA Bus Admin, and overall good employee

like

I am unable to understand the breakup structure. Can anyone please help me out in figuring out how much will be my take in hand monthly

Post Photo
like

What will be my inhand can anyone help me?? Soon I'm going to join Larsen & Toubro Infotech

Post Photo
like

How much hike can we expect at an AM2 level with a Differentiating rating?

like

If I want 70k take home, what should be my fixed pay?

like

Hi, does anyone know the pay range for Syneos Health Engagement Manager role?

like

Salary as a Systems Analyst - Making roughly $120k, been in IT for 10 years. Trying to understand how much fellow systems analyst in the group are making and what should be my target moving forward. Thank you!

like
like

Can anyone tell me how much programming part is there in Data Engineer role?

like

Hi, I have a situation where I’m not able to take decision. I was in job search so been attending interviews. 3 weeks ago, I got offer from insurance company, so o accepted offer did shared all my docs for H1 transfer(still in progress with USCIS) start date 05/16. And 2 days ago I got another offer from banking client with almost 25k difference of base pay of first client. And benefits from banking client is much better. And they gave start date at 06/27. How do I say this to my first offer?

like

More Posts

Infosys Hi sharks, DM me if you are interested in the available openings in Infosys.

Post Photo
like

I have been selected at citi but HR is unable to release offer letter. This is because I have worked for citi as contractor or consultant in past but I don't remember my SP ID or GP ID which Citi provides to its temporary employees. HR is checking my SP ID or GP ID which was allocated to me in the past but I don't recall it is. HR is checking this with US team and this process is taking time. If they cannot extract it due to some reason, will they release my offer letter? Please clarify this.

like

Anyone have references on market penetration of AutoML tools?

like
likehelpful
like

Who works in Monitorships and Investigations? I want to learn more about this role.

like

NYC - Hi! Selling extra two-day general admission passes to Ladyland Festival during NYC Pride. $115. Festival is at Mirage in BK.

like

Any Muslim fish focusing on digital / customer experience and willing to refer? Employer was acquired and I got laid off. 5 years of experience. Based in Chicago. Advice is welcome. Thanks 🙏🏼

like

Hi Fishes,
Please let me know monthly salary with below ctc breakup for 5.8 yoe in java, spring boot and microservices.

Thanks!

Post Photo
likefunny

Off topic
I have been trying to activate the material ledger but it throws this error: ml currencies are not allowed in fi

* I have maintained the controlling group, assigned to CC. 10 maintained
* In ledger, my local and global currency is 10 and 10
* Material ledger type is 9000 (currency 10: company code)

Struggling for 2 days now. Unable to identify the issue

Where is the guy who went all in on the ruble when it collapsed to almost nothing? Are you retired now?

like

New Senior Manager salary - internal audit non HCOL?

like

I mean, what was that?!!!? This is the best season ever!!!

Forza Ferrari!!!

like

Hi everyone, I’ve been trying to land my first product design role and I can’t seem to get my foot in the door. I’ve asked mentors from ADPlist to review my LinkedIn and resume as well as my portfolio and I haven’t had any luck. I graduated from uni in 2020, was bedridden for a whole year which led me to fall behind and I’m embarrassed that I can’t seem to get a job after months of actively trying - I desperately need help as I’m on a Visa that requires me to be employed.
Any advice?

like

Did anyone got any news regarding Hike or promotions in technology consulting?

like

Hi Fishes.. I’m an MBA in finance & currently working in DCB Bank for last 7 years as credit and risk manager. KRA includes - credit analysis, financial statement analysis, delinquency analysis, portfolio management, strategy management, customer visit and interactions. Recently completed integrated programme in business Analytics course from IIM Indore. Looking for a job change. Please help me and refer me in any suitable jobs for financial analyst or business analyst.

Investment question: would you invest in a 1bed 1 bath apartment in Jersey city or 3bed 2bath home in Austin (both priced around the same)

I live in Seattle, so pretty far from both cities.

like

When is it worth it to take a pay cut? Received an offer from a startup today, the salary they are offering me is 30% below my current salary - offered them my range during the interview but they stuck to their initial salary when they sent me the offer. No 401k, no WFH, but they have unlimited PTO. They are also offering me 10k shares of common stock (25% vested 1 year after the date vesting begins and the remaining on a monthly basis over the next 3 years). How does this translate to $ amount?

likehelpfulsmartuplifting

Shouldn't it say "...fuel *imported* from Russia...?" C'mon EY, you can do better than this crap.

Post Photo
funnylikesmart

So BLKJ have weak knees and sold out to Havas....Always knew that an agency could be bought to provide them with an excuse to be mediocre. It hardly ends well.....

like

Additional Posts in Private Equity and the Buy Side

Would love any thoughts on my current situation. Worked 1 year at a T2 firm (EYP, OW, S&) and make the transition over to MBB 3 months ago.

While recruiting for MBB I was also doing off cycle GE recruiting. The process dropped off and resumed just a couple weeks ago and I’ve received an offer for this summer. Wondering if leaving after 6-8 months in MBB is too short or if I should just take the offer and run w it.

Thanks in advance.

like

Honest thoughts on best qualifications to go after to break into PE from consulting - should I go after ACA/CFA/CAIA? I feel I’ve only got the patience to do one of these 😂

like

Worth trying to lateral to MBB from a T2 if long term goal is pe investments side? Already lateraled once..

like

❤️ for DMs, please

Post Photo
like

I’ve been getting recruiting emails from PE HH firms for immediate start, but I would like to stay at McK at least until end of this year (I recently started here and am just not prepared on technicals yet). When does the official on-cycle recruiting start, and when would be the earliest start date in 2023?

like

Has anyone interviewed with CPP investments and would be able to share a bit about the process / what they are particularly looking for / do not want to see etc. ?

like

What are some industry agnostic growth equity firms that are open to consultants?

like

Any insights into Working for PIF ( Public investment fund)?

like

Is it too late to get into PE for a 33year old male? I am currently a Senior Consultant and wondering if I should try to make the jump to the alternative investment world. I interned as an investment associate at a DFI a few years back before joining consulting and really loved it. I know an internship isn’t the same as an FT role but I am interested in investing. I will appreciate if anyone here can share some words of wisdom. YoE - 6.5years, Strategy and Operations, MBA(non-target school)

like

Best resources to become stronger in data analytics?

like

Does middle / back office PE count as “pre-MBA” if I wanted to do that first -> MBA -> PE investing? Or is IB still likely required

like

What happens to carry if you lateral to a new fund?

like

Anyone go from PE Ops to tech s&o?

like

Is it possible to move into industry or tech roles as an exit from PE (2.5 YOE MBB, 2 YOE PE associate)? I'm really looking for better WLB, even if that means a bit of a pay cut

likehelpful

Anyone have insight into working in risk management at a PE firm? Tried to search the bowl but couldn’t find much.

like

Just got my first PE Ops offer, and was wondering if you fish could help me evaluate it:

Me: M7 MBA, 8 YOE, including in industry operations and T2 strategy consulting

Them: MM PE buyout fund, no specific industry focus. Most recent fund $2.5B+, AUM $5B+

Role: VP of Operations, joining an Ops team that will be ~10 people total top to bottom

Offer: $200 base, $150 bonus, and ‘carry’ that is actually just a deal performance-based cash payment that is awarded to non-carry individuals (cont)

like

T2 consulting (ie non-MBB) PE group->MM/LMM, is it possible? Finance major from top 20, BB IBD internship if that matters

like

Anyone have tips or recommended resources for a final round VC interview? What are some typical questions and should you approach it more casually or formally? I think it’ll be multiple conversations with senior people within the firm. Would love to connect if anyone is willing!