A meteor is coming and it is going to kill your firm’s deal flow. There are signs of its impending impact already. Gone are the days when the phone rang with a hot deal just for you. Gone are the proprietary deals your cold-calling associates uncovered before anyone else. These days, even the household private equity names fight for every last…[Read more]
Devin wrote a new post, ‘I have a meeting in Westchester’ and other essential code words for PE newbies, on the site PE HUB 8 months, 3 weeks ago
To the new class of associates entering the private equity industry over the next few weeks:
Congrats! Your pockets are filled with that last i-banking bonus and your hopes are high about the chances of a better work-life balance. You can now officially look down on all your friends who got stuck — I mean stayed — in banking. Their lives are…[Read more]
Devin wrote a new post, The secrets to a successful career in private equity, on the site PE HUB 11 months, 2 weeks ago
When it comes to employment and job creation, private equity firms hold a dual reputation. We are job creators and job destroyers, depending on whom you ask. There is no telling how many net jobs the industry has added inside their portfolio companies over the decades.
But there is one job we can’t stop adding within our own walls: the…[Read more]