What’re your thoughts on TPG (comp, culture) and their growth potential (esp given the recent IPO)?

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

Know a few people who recently joined / formerly were in their SF office. From what I gathered, your experience there can differ by office and group. For example, the healthcare team in SF is known to be sweaty.

Comp is usually very good / above street. In my prior life, I worked with LPs doing fund commitments and TPG is still seen as a top brand with solid performance. Issue with the IPO in my mind though is that the firm will aim to gather more assets to match up with publicly traded buyout competitors (e.g., BX, Apollo). Public markets tends to equate AUM with a “high quality” private equity business but that’s not always true. Generating 10x MOIC on a 500M fund is far easier to do than on a 5B fund for example. That’s simplifying it but hopefully gets my thoughts across.

That said, if you are looking to join a firm with top tier brand, larger associate class, good training, wider network, and strong MBA connections, TPG is a strong one for sure.

likehelpful

Related Posts

I am currently a biomedical engineer at @U.S. Food and Drug Administration with over two years of experience. I would like to hear everyone's experience navigating the GS increase (salary raise) as a government employee. Here are some questions for discussion. How long did it take you to be promoted to the next pay grade? What do you think contributed the most to that salary increase? If you transitioned into the private sector, what drove you to make this decision? Thanks!

like

I have an offer from Capgemini.
Can anyone help me understand how is the Health Insurance Policy offered by Capgemini?
What is the coverage for immediate family and parents. Thanks in advance!

like

Any tips on negotiating a job offer and what questions to ask/items to think about? Salary, bonus, sign on, promotion criteria, etc?

like

What are the benefits in TIAA ?
Do they give yearly bonus like other Banks ?
Free cabs ??

like

Moving from Key Account Management to Commercial leader of a global consulting/saas firm. Seeking advice on what compensation I should push for. Current on 120k. Will be leading the go to market strategy for saas proposition. Reigniting sales process for Nb and existing business. Any advice for salary and compensation?

like

I am interviewing for a role, during these crisis times, is it a good time to shift jobs? Is Autodesk doing layoffs, performance based cuts during these difficult times, considering Google, Microsoft, Infosys doing layoffs, hiring freeze, etc..

like

Hi friends, recently I got 16 lpa offer. And I have 6.5years experience. In this 6.5 years experience I never did tax declaration. In my current company portal May 15 th is the last date to declare IT tax.

So my doubt is do I need to do tax declaration in my current company portal. If I do that means, whether want to know that will reflect in my new company salary?? What to do totally confused about this part...

like

AE position for healthcare in DC area; COLA from previous salary/location (AE role) says it should be $75k. Don't think that's realistic - any insights?

like

What are the relocation benefits at Target india.For how many days hotel stay is provided,is it like 4 star or 5 star?

like
like
likesmart

I moved to Canada from India 2.5 years ago for my PG in IT BA. I have a bachelors in IT and I worked as a developer for 5 years back home. After my PG, I spent 8 months looking for a job, my current company interviewed me for Technical project manager, but they offered me the role of a PC. I accepted it without negotiating as I did not want to lose the opportunity, I am extremely underpaid and I have been doing the job of 3 people, as my company keeps firing folks. I’ve lost all my confidence.

like

Is PwC SAP team still hiring?

like

Q for HR folks! For companies who have offices in US and Canada, how easy would it be for American HR team to set up a role & compensation via the Canadian office for a Canadian remote worker? Would be a lot of work? But i know companies like Meta and Spotify do do this.

I'm Canadian and applied to a US remote role. Canadians don't need a visa for this. One of the ways would be to use Canadian entity's hr/payroll services. They showed keen interested but waned since finding out I'm Canadian.

Got offer from TCS at 10.5lpa with 1 lakh variable pay.
What will be inhand salary after tax deductions?

like
likeuplifting

I have offers from Broadcom and SSIR. Salary of Broadcom is higher than SSIR but mostly dependant on Rsu. Any idea about wlb and quality of work in both companies? YOE: 3.5 with M.tech from tier 1 college. Working in hardware domain. @Broadcom @Samsung @Nvidia @Qualcomm @AMD @Intel Corporation

Can Atlassian allows to work from Hyderabad instead of Bangalore ? I am having interview scheduled with atlassian for Bangalore location. But if i selected for the same position, I would like to work from Hyderabad location only. Is that possible ? Can someone please help on this ?

Any recommendations on how to prepare for a final behavioral interview with BCG?

like

More Posts

Interviewing with a company I’m excited about and they requested to have the next level (I believe final level) be pushed to the second week of January since they’re team is overwhelmed. I agreed and suggested times and am waiting to hear back. Meanwhile I had another company reach out this past week for a role I’m less excited over. They’ve already reached out for my final interview round this week. I already disclosed that I’m waiting to hear from a company I’ve been interviewing with. Cont’d.

like

Has anyone tried online therapy like BetterHelp? Any thoughts/feedbacks? I’m kind of intimidated to start the process, because I don’t know if it will work and if it’s worth the cost but I need help.

like

Hey fishies! 👋I have a BS in Art Education, 10y teaching experience and pivoting to instructional design/curriculum development. Had an awesome 2nd round interview with a hiring manager of Experian. I have an offer as an independent contractor with another (smaller) company. Any salary negotiation advice if I get to the next round with Experian? What’s baseline pay for experian ID’s?

👍Any information is helpful!

like

What is the barclays joining process is it like offline or online ? And what all will be there in joining kit@

like

One of my previous org lost form 16 due to data loss. Now when i try to get pf statment it is saying name is wrong or aadhar is not matching something. This is happening because that time on aadhar and pan my name was different.it was before marriage name. Now i have changed my name after marriage. So there on pf site if i do forget password it won't allow me to do it. Can anyone help me in to this.. how can I get Form 16 and pf statment too. Infosys Tata Consultancy Wipro IBM Deloitte Cognizant

What is the average experience hire consultant salary for GPS in DC?

like

PwC lawyer to other PwC OGC lawyers: Can anyone give me insights into the OGC portion of IFS?

like

Is anyone here in the UK?

like

I m currently getting 7LPA, with Azure DBA role how much can I expect?
Y.O.E 4

I have less than a month to learn everything I need to know for how to build a reference implementation on Azure. Where do I start with zero cloud experience?!

like
like

How can companies justify cutting research and development expenses when they literally have no future without it

like

Making a lot of money relative to the average but feeling poor? Median after-tax income was ~$55,000 in 1981 and was ~$73,000 in 2020. Using a Bank of Canada inflation calculator $55,000 in 1981 is equivalent to ~$165,000 today, which would put someone in the top 10% of earners today. But in 1981 the median family had that extra money. Who can I blame?

Post Photo
like

How would you handle a person at your job that makes inappropriate jokes in public? Just curious ...

likehelpful

Anyone know what a product manager role at a quant fund like two sigma may look like? Is it internal tech or do they work on external products?

like

Michael "The Rock" Scott

Post Photo
likefunnyuplifting

Best service apartments to rent in Toronto/Mississauga?

like

Is it worth it to get a professional certification like SHRM/PHR? Not many of my colleagues have one and it’s not a requirement for my role, but I’m curious if it’s worth it in the long run

like

Can hilton points be used for any airline? Want to take my wife on a trip but dont have airline point and airticket to my destination is expensive. Have Marriot points also

like

Anybody having experience in contract and proposal? There is a job opening in IQVIA.
Dm me for referral.

like

Additional Posts in Private Equity and the Buy Side

Have been reading Bain Capital is a shell of its former self and has been on the decline for a while now. I don’t know much about the firm, is this true?

like

What is the dress code in tech investing / venture capital for guys? I know it’s quite casual but how casual - eg khakis + collared shirt + nice trainers? Or are trainers a no go and should opt for more formal shoes?

like

Recently started at a small secondaries PE firm in Boston from T2 consulting. Recruiters are still reaching out for summer 2023 starts for buyout firms. Should I hold out on trying? Maybe get a year of experience before responding to HH’s / recruit for immediate starts a year in?

like

How to compare competing offers assuming all else equal? Proven platform/known commodity vs. more “entrepreneurial” opportunity. When is the right time to take that career risk? Pre-VP or post? Both would involve moving and I want to make the right long term decision for my family.

like

Are deal sizes a proxy of your candidacy by any means? Looking to recruit Buyside but only have deal experience sub 200 million (carve out of assets)

like

What are some feasible exits to the investment industry? PE seems to be too hard. Currently at Strategy& Deals Strategy and will leave at the 3YOE mark

like

What are your PE firms’ personal account policies/ restrictions?

Just finding out that I can only do index funds and no individual stocks (ie - no pre-clearance or restricted list). Is this common? What about levered ETFs or futures/options on index funds?

like

Anyone move over to a portco role at a more senior level? Positive or negative experience?

like

The PE culture is sick. The 20 something VP was rude to our partner because our team took thanksgiving and the day before off and it was in the engagement letter that we were gonna be off. He kept emphasizing that his team did our job while we were on a break. Dude we are not sick like you and we have lives. I see something about how s**t the PE culture is in every deal we support.

Like these sickos make fun of us for working 80+ hours weeks for them and taking thanksgiving off.

likefunny

How hard is it to go from mid stage VC (A/B) to growth equity or PE? I’m from a financial background before VC(accounting)

like

Are PE firms licking their chops looking at Twitter?

like

Does anyone know of any credit shops in Austin looking for people

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

Been asked to support an MM PE part-time doing a market assessment and target identification in a niche sector I am an expert in. Any ballpark hourly or project rates? For reference 15 YOE in consulting (including DD) and industry with M7 MBA.

like

Which is a better firm to join as an associate, Warburg Pincus or Advent?

like

Best way to becoming an executive at a portfolio company for a PE fund? What is the most successful path from consulting? I.e go to fund ops as an associate then work your way up or stay at MBB till partner then try to hop over, etc.

like

Is the portfolio side of a PE/PC firm their ops function? Or is it two different things

like

Anyone know much about Kohlberg and company ? Would appreciate any insight

like

Has anyone been in a Corp dev role at a PE operating company throughout the entirety of the holding period? Did you stick around after the exit? What are exit ops like? My fear is a Corp dev team is the first to go especially if picked up by a strategic. Any thoughts?

like

Does anyone know the reputation of axel johnson? TIA

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