Pros
-company continues to grow rapidly, creating opportunities to learn and do new things -people in less-senior roles (associate, senior associate, etc) who work hard are frequently promoted in recognition, making it a good place to launch your career -not a lot of established bureaucracy, making it easier to get things done, build new processes, try things out -smart, diverse, hard-working colleagues who are fun to be around and share the start-up like energy of the company -THL has supported the fairly well, didn't try to force too much operational change, brought in new management 2019-2020 to try to solve for some long-standing issues, provided capital to support balance sheet
Cons
-atmosphere is chaotic, there is a feeling that nobody is in control and that there is no long term plan/purpose for the company other than serve as a vehicle for investors. This lead to years of infighting, firefighting, and nasty politics between various c-suite executives. -every advisor team was promised (or expects) something vastly different and senior management has struggled to solve for this. Some advisor teams are great to work with, but I have also seen colleagues cry after a rough encounter. -resourcing/staffing is minimal, you will have an endless list of things to do, and little prioritization from your management, which results in frequent evening/weekend work, and making it very hard to take off PTO due to lack of coverage & cross-training -promotions do not come with commensurate raises nor do they come with staff to help cover your new role's responsibilities (you just do your old and new responsibilities combined) -investors all seem focused on a quick flip and not interested in developing a company long term (see news reports that THL already put company up for sale barely 2 years into ownership) -all of this results in abnormally high turnover at all levels, voluntary and otherwise (example: 8 out of 11 execs on the company website as of November 2020 have been with firm less than 2 yrs)