Boutique i-bank opens search for senior associate/VP

Carter Morse & Goodrich, a Southport, Connecticut-based investment bank located in a former tide mill near Long Island Sound, is looking for a mid-level professional to join a close-knit team that helps family-owned companies find buyers.

“It’s a small firm and every hire matters,” said Chris Reenock (pictured), a director who joined the firm last year. “We want folks who are serious about their work but who don’t take themselves too seriously.”

The firm is looking for someone with three to seven years of experience working in M&A or in a related field, such as accounting or corporate finance. You’ll join a team of about 10 professionals that at any time might be working on six to eight transactions. Responsibilities range from interfacing with clients to taking the lead on writing CIMs and marketing materials, to managing the financial modeling work of junior professionals. The firm recently hired two first-year analysts.

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Portfolio Advisors goes all in on secondaries; more hiring ahead

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Private equity remains lucrative, but year-end bonuses may suffer 

A spate of new compensation studies due out soon surely won’t dispel the notion that private equity remains a remunerative endeavor. But pandemic-related delays in fundraising, deals and exits this year could weigh on year-end bonuses for many professionals.

A sneak preview of the Carried Interest and Compensation Survey, 2020 Edition from Chicago-based Private Equity Professional (a business partner of Private Equity Career News) shows just how attractive private equity remains:

* Partners working at funds of all sizes this year earned $379,200 in salary, $265,800 in bonus (for 2019 performance) and $866,700 in carried interest, according to the survey, which included 314 funds, mainly in the United States.


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Hamilton Lane to staff up at all levels–especially junior–over next few months 

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