Pros
Stable partnership populated by a conservative and organic approach to growth that focuses on hiring smart people for who know their business and are efficient at collaborating at a fast-pace. In return, you can expect a cordial environment, great compensation, a manageable lifestyle, and a very stable futurel. Great mutual funds business that is successful in a mix of strategies and clients and very rational, transparent, and performance-oriented..
Cons
There is no belief in cross-functional knowledge transfer. Spans of control are deepened by years of service, and it is system of "go-to individuals." and sometimes, fiefdoms. Due to being a partnership, the ship is very tightly run and there is no respite from all hands at all times. Management underspends on infrastructure and is slow to adopt and develop cutting-edge operational practices, equipment, and people.