Warburg Pincus - Tech Team London

Hello guys,

These finance masters of the world are recruiting. Any ideas of the culture, comps, and previous track record?

They told me they are real sharks, and that you get killed? What does that mean? Can’t be worse than what I’m already at (120 hours week).

Thanks!

 

Doesn't do a meaningful number of buyouts, mostly growth in EM telecommunications companies like Airtel etc. Think they've done like <5 Tech buyouts in Europe in its history. US Tech Buyouts is done by the 'Strategic Investments' Group or something

It's 'worse' in pure buyout than every other large cap tech fund and is 'worse' than every other large growth fund as well vis a vis its growth investing.

However, they pay £300,000 all in comp for A1. Hours are extremely bad however

 

Not London specific but for WP tech as a whole, they are most definitely not “worse” just employ a fundamentally different strategy and approach. The firm’s broad focus is on growth and growth buyout investments, despite their fund size. They’ll occasionally do large cap buyouts (bid on Coupa) but the tech team specifically leans towards growth equity. Have had great performance in their investments so very inaccurate to classify as “worse” than other investors. 

 

Yes, definitely very good. Wrote in a flash, should definitely have been more nuanced in my answer.

 

Definitely not unreasonable to question performance, though - performance has been meaningfully worse than their technology peer set within both buyout and growth in the last couple of funds (both Europe and US). 

 

Know some people who went there from MS and hated it so much that they quit within 2 years. Hours are BRUTAL. This info is not specific for the tech team.

 
Most Helpful

120 as an Associate takes more of a toll than 120 as an Analyst. I know you'll be incredulous, but for the purposes of decision making, you should consider that my admonition might have the merit of wisdom behind it. You don't have to believe me, but at least consider this word of caution when going down this path. This advice is given with the spirit of telling someone what I wish I would have known when I was in your position and having seen the same be true of a significant number of my peers. The stress of being an Associate on the buyside is much more visceral than that of being an Analyst, where your stressors may seem real, but there is a greater managerial buffer on your actions that is a stress dampener whether or not you realize it at the time.

 

-Brutal hours

-Good dealflow (the Tech team deploys a decent amount in Europe)

-Performance is decent objectively, destroys a lot of growth equity shops (most are deep underwater esp. in Europe and WP is fine). Slight discount to top tier traditional tech lbo shop that is correct

-Top of the street comp

 

Quo aperiam voluptates qui id aliquid quas soluta. Facilis nulla et aspernatur velit rerum reprehenderit nemo. Officiis qui officia blanditiis et. Et inventore dolorem quia odio quae cum.

Maxime aliquid voluptas nihil est. Voluptatibus ut non est perferendis qui.

Aut eos provident illo. Eius nihil rerum quae itaque. Consequatur laudantium et ut molestiae. Suscipit reprehenderit corporis assumenda hic illo consequuntur velit. Nam voluptatem velit debitis qui tempore.

Sit explicabo reiciendis impedit animi sit. Molestias repellendus dolores quam repellat molestias. Non sed ut aliquid repellendus. Ducimus dolor illo aut sit aut totam. Voluptas minima quos iste id aut et porro.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”