Private equity juniors increasingly toiling for benefit of their highly paid bosses
Private equity, the promised land. Looming like a large carrot in the peripheral vision of the exhausted analyst in the investment bank, PE promises similar pay, more kudos, more interesting work and ? most importantly ? more ownership. If you work in a private equity fund, you will theoretically have more direct involvement in the outcome of your work ? after all you?re investing money long term. And if those investments are profitable everyone in the fund will benefit. It all sounds sort of democratic.
This article was published in Efinancialcareers, 15th August 2014