Pros
25 days of annual leave 1 month of sabbatical for every 5 years that you work in Partners Group S$10 lunch allowance (honestly this is mostly used to supplement your pathetic compensation) Great colleagues Exposure to large PE deals (albeit only less than 1% gets executed) Great medical and dental benefits, largely favor families
Cons
Compensation & Benefits: Pay is way below market standard, difficult to attract top talents due to the unwillingness to match salaries. Partners Group often undercut their employees, claiming they are focused on a long-term compensation structure. As such, many inefficient and sub-par employees stay on by doing the bare minimum, resulting in wastage of resources and negatively affecting team morale. Turnover is rampant. Partners Group does not see this as an issue as everybody can be easily replaced by hungry university graduates who just want to get their foot into PE. Unless you are Swiss/Male/White, promoting up the ranks is much slower. The carry incentive that Partners Group likes to hang infront of the deal team vests over a rolling 5-year period and is pooled; you hardly get credited for the deals you execute. Despite working similar hours, investment teams in Singapore are paid half as compared to their counterparts in banks or other PE shops. Culture: Because of the long term compensation structure, incompetent leaders stay in Partners Group and rise through the ranks. This creates a very negative work culture as new employees do not look up and respect their team leaders as role models. Many older employees (some are incompetent and ineffective) have huge inertia to leave Partners Group due to the huge amount of shares they have amassed over their tenure, further worsening the low morale in the company. In an attempt to cut costs, HR will no longer do recruitment for ranks below the Associate level. This has been 'outsourced' to the departments and teams. By doing so, this adds additional workload and responsibility for the businesses. Junior hires are no longer hired based on fit (into the Partners Group corporate culture) but instead based on businesses' immediate needs. The company's recent focus into the expansion of the Manila office, in an attempt to cut costs and increase EBITDA margins brings about a horde of issues. Partners Group thinks they are able to get the same level of quality and output and also be able to cut costs at the same time. (You can't have your cake and eat it too!) TLDR: If you are a fresh graduate and thinks this is a great place to have a headstart into PE, you cannot be more wrong. Go slog it out at Big 4 or the banks before jumping to a bigger PE firm, you will learn more transferrable skills, gain valuable work experience and actually have a nicer brand name on your resume. This place is great for people who want to have kids, seeking retirement, have 0 career aspirations and are comfortable being led by inefficient leaders. For potential job seekers, the grass might be greener here at Partners Group but I can assure you it is nothing but garbage once you are in.