Plenty of threads on this already. Very difficult to generalize, especially as hours in PE are much more volatile than in banking. 

I'm at an UMM fund and there have been periods where I work 40 hours a week and periods where I work 100 hours a week. We've had periods where IC told us to focus on preparing portfolio for a downturn and not look at new investments. During those periods I rarely left the office after 6 pm. We've also had periods where we were closing 2-3 platforms within a single quarter and during that quarter I consistently pulled +100-hour weeks.

IB is quite stable in terms of hours. You will never be able to leave at 7 pm, but instead your hours are consistently bad. PE is very different. 

 

"In IB you will never leave before 7pm"

Dude wtf. I leave everyday at 7pm, and I only connect at home if I really need to (I am an associate at a BB)

Tbh, from what I heard, leaving IB to go in PE is not a good idea at all, both in term of hours, pressure and comp (and yes I am aware that you will get some carried in 10/15 years lmao - For comp I talk about junior levels)

 
Most Helpful

As a former consultant previously doing mostly CDDs at an MBB, what I've said is that hours in PE tend to be more peaky and trough-y than consulting. For a 3-4 week CDD sprint, at the MBB we'd be doing consistent 11 pm to 12 am hours, but weekends were sacred and they tried to give us one week break between sprints. 

In PE, if you're on a live deal, you have almost no time for anything else in your life, especially during the last 2-3 weeks as you gallop towards signing. But the quiet times are very quiet indeed. Right now (e.g. second half of July / month of August) tends to be very quiet on average, with most partners taking off several weeks. They'll still email you here and there but don't expect any processes kicking off. And while I haven't done it this year, I remember a year when I left at e.g. 3 pm or spent only a few hours online on Fridays. All depends on your workload. 

 

Numquam consequuntur quam et. Quod ea odio debitis ea. Odit at placeat nam ut. Sed et praesentium architecto corporis perspiciatis architecto consequatur. Odio et fugit et facilis eos veritatis debitis modi.

Et qui ipsum sunt dolore non nemo. Et minus nihil quae. Ut quod temporibus velit nihil nihil sit aliquam ratione. Possimus ea animi est in ut dolores nihil debitis. Qui aspernatur sunt nam sint aperiam voluptatem odio.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (389) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”