Interviewing a Megafund Private Equity Associate Making $300K+ Per Year in NYC (BRUTALLY HONEST) 

Very valuable video. It's hard to find this type of honesty anywhere else. Great job.

This person rlly shows how miserable most people are doing these crazy corporate jobs - esp finance related ones that work you like a dog. As humans, we aren’t designed to sit in front a screen under stress from early AM to late PM. She’s right that you sacrifice your youth all for money that you don’t even get to enjoy because your life is just spent in front of a screen…obv I’m sure there are a *few* benefits, but all I know is my friends who came out of college and worked IB or more rigorous finance jobs hated their lives :( and many of them regret wasting their young twenties. Sad but the reality. Thanks for showing us this interview!

The interview being anonymous despite being a bummer is actually quite valuable

i love the voice transformation. Good job with the video and the interview, Angela!

I really admire people in Private Equity. I settled 20 years ago for "laid back" job in Risk with OK pay and I have been full of regrets ever since. If you are young from an university just for it !

This was so insightful. Very thankful with how honest they were. This was great.

Insightful video. Thanks for all you do Angela.

I think someone might have mentioned it but interviewing a trader that works at a hedge fund would be interesting. Thanks!

Hi Angela. Thanks for the interview. 😉👍 I was educational and I learned a lot.

Wow great video! This is so illuminating

Great video Angela!!

Many thanks. This showed a lot more of that side for sure. I’m on the right track.

Loved the video!

🎯 Key Takeaways for quick navigation: 00:00 🎤 *Introduction to the interview with a Private Equity Associate* - Introduction and overview of the interview, - Discussing the anonymity of the interviewee to ensure candid responses. 00:58 💡 *Background and Motivation for Entering Private Equity* - The interviewee's background and reasons for entering private equity, - Initial expectations vs. reality regarding pay and work-life balance. 01:42 ⚖️ *Pros and Cons of Private Equity* - Advantages include more control over schedule and interesting work, - Challenges involve higher stress and less support. 02:09 🎉 *Best Moments and Work-Life Balance* - Memorable experiences and events at the job, - Comparing work hours and work-life balance to investment banking. 03:03 💰 *Compensation Expectations* - Discussion on compensation structure and expectations, - Insights into the nature of bonuses and base salary. 03:29 👥 *Common Traits and Job Satisfaction* - Characteristics of colleagues in private equity, - Personal job satisfaction and the reality of working in the sector. 04:11 🏆 *Perks and Sacrifices* - Overview of job perks and daily conveniences, - Reflections on the stress and sacrifices required in the role. 04:50 📚 *Recruiting Process and Advice* - The process of getting into private equity and preparation tips, - Recommendations for aspiring private equity professionals. 05:58 🌱 *Perspectives on Career Progression* - Comparing private equity with investment banking and career expectations, - Considerations for future career moves and seeking better work-life balance. 06:58 📢 *Conclusion and Insights* - Summarizing the candid insights shared by the interviewee, - Encouragement for viewers to explore careers in private equity with a realistic perspective. Made with HARPA AI

Please talk more about private equity!!

I'd say as hard as private equity is, even "glamorous" jobs like music or acting have very stressful aspects. In other words, the grass is not always greener outside of PE, and nobody loves their job all the time. Change the mindset to consider how lucky you are to earn so much money and learn so much at such a relatively young age (with associated chance at early retirement) and you'll make it through tougher times in PE.

Top video! Thank youu!!

I am an agency recruiter for finance professionals, this interview is very useful! I’d like to add that although the vast majority of PE’s hire investment bankers with at least 2 years from a bulge bracket bank or tier1 boutique, there are some that actually prefer to hire MBB consultants, or if you are doing M&A/transactions at a big4, there is also chance, albeit smaller.

Great interview!

Angela, you do Corp Dev, right? Is the WLB that much better and is your base comp similar to IB? I’m in IB now and once I do my 2 years, I would want to move to something more chill. It would be nice to be able to log off after 7 on a weekday and not have weekend work. I don’t really care if the bonuses are low as long as the base is good. Thanks!

Killing it 👏👏👏

One of the best ways to build your fortune - buy an existing business. Second best is starting a private equity fund.

very nice. very grounding. thanks

Interesting video! Would love to see interviews with former consultants who have transitioned to PE as well 😀

Pretty cool look into the gig

300k for working that much…? No thank you, I’d take tech or healthcare over this, any day.

Can you please do an interview with someone in private equity investor relations? I hear way better wlb but ofc lower pay.

This actually made me laugh.

More PE interviews like this one 👌

Goood questions!

Thank you appreciate it ! I would like to see hedge funds and/or Venture Capital next please !

Hi Angela, I like your videos and I am into finance. I am currently in my 11th grade And i took business stream that includes subjects like commerce,Accounts,Economic. Iwant to become an investment banker after my 12th grade so what should I take like bba/bsc/ba in finance and economic OR finance and Accounts OR simply finance from which of these can i become an investment banker. By the way what did you study in your collage. Thankyou😊

I have a math degree and Masters in financial mathematics. How do i get into that sector?

Can you interview someone who enjoys PE? Perhaps at a non mega fund / non sweatshop firm

MFPE kick their associates out after 2 years right? (2-year associate program) Lots of title deflation at the associate level too, barely anyone makes VP. What does this chad think abt this

“No the grass is not greener on the other side” said in no better a voice lol To add- it is as green as you make it. Excerpt from Blake’s life lessons in contentment, a work still in progress

He's so sad.. 😔 Thanks for being honest tho 👌

Is an mba needed for private equity? Great interview btw!

Hi Angela Is there any way I can get in touch with you personally, over a paid mentorship program or something similar to that, I’ve been trying to reach out to you but I don’t know what’s wrong, could you please get back to me on the same!

Voice can probably be scrambled to an easier to hear voice…

idk seems like working in tech makes as much or higher with less hours, more casual, more remote opportunities. none of the target crap. some people just need a bootcamp. coding is very mentally exhausting though. all the yacht parties? dentists can afford them too working 3 days a week. finance culture sucks if you're flaunting "parties" as cool. i find this "prestige" and hype mentality laughable since university. superficial, self-important, arrogant yet miserable and not efficient at all.

I would have liked to know their age, even if its just an age range.

I want to interview you⚡️

Hi, are you a HR?

Could you choose a more annoying voice distorter?

My Asian cutie balling without me thou 🙆🏿‍♂️🙆🏿‍♂️

Do Quant trading

Better work life balance at a megafund ... wtf haha

Racism

There is zero reason to disguise his voice.. He is just a low scale... Silly Angela.. do your research