Evercore Partners

Publicly traded (EVR) boutique investment bank started in 1996 by [[]]. Offices in New York, London, Los Angeles, San Francisco, Mexico City, and Monterrey.

Primarily provides advisory services and investment management (part of which is private equity). Private equity arm is called Evercore Capital Partners; venture capital is called Evercore Ventures; Evercore Asset Management invests in publicly traded stocks and Protego Asesores makes private equity investments in Mexico. The bulk of the firm’s advisory revenues came from the US, but growth in Latin America fees was substantial in 2007. Recent transactions can be found here.

Q4 07 results included the following: “The Company has targeted total employee compensation and benefits awarded to employees at a level approximating 50% of net revenue. The Company’s employee compensation and benefits costs for the quarter and year ended December 31, 2007 were $59.9 million and $173.3 million, respectively. When compared to net revenues for the associated periods the ratios of compensation to net revenues were 63.9% and 53.9% respectively. These ratios compare with 52.2% and 49.5%, respectively, for the quarter and year ended December 31, 2006.”The bank had 290 employees at the end of 2007 (versus 246 at the end of 2006).
Analyst program applicants should submit a resume and cover letter to analystrecruiting@evercore.com; experienced hires to recruiting@evercore.com.

Sequoia Capital

Famed VC firm Sequoia Capital, founded by Don Valentine in 1972, has offices in China, India and Israel. Portfolio company job listings are available at their website.

Funding depends on the stage of investment and range from $100k - $1MM for Seed Stage cos to $1MM - $10MM for Early Stage co. (typically in the Bay Area). Growth Stage co investments range from $10 - $50MM.

More recently, the venture capital firm has been going after the late stage market, with some controversy. The WSJ reported that limited partner Yale, which declined to invest in Sequoia’s China and late stage funds, was booted out of Sequoia’s partner group.

Famed Sequoia investments have included Apple, Google, Yahoo and YouTube.

Draper Fisher Jurvetson

You know those annoying “signatures” at the bottom of you free email accounts? Well, you have DFJ-founder Tim Draper to thank for those. The oft-called prince of Silicon Valley claims to have been the one responsible behind that early form of viral marketing.

Draper, also known for his antics (see video below), founded the fund at the age of 28, after a stint at Alex.Brown. His father, Bill Draper of Draper Richards, was himself following in his father’s VC footsteps (General William H. Draper, Jr. got into the business in 1958).

DFJ’s investing interests include information technology, nanotechnology and life sciences and clean energy technologies. Also, Vietnam is an area of focus and the firm has a JV with VinaCapital called DFJ VinaCapital. DFJ’s other 20+ Network Partners include DFJ FIR Brazil and DFJ DragonFund China.

Here’s a list of their portfolio companies, including famed hits like Hotmail, Skype and Baidu. For more research check out this interview of Tim Draper as well as this profile by Venture Capital Journal.

Also, anyone interested in DFJ should probably become very familiar with the Riskmaster, a song Draper wrote the lyrics to (music by Anon!). Riskmaster was also the name of a book that DFJ put out on their 20th anniversary.

Khosla Ventures

Silicon Valley-based VC firm founded by Vinod Khosla, formerly a Kleiner Perkins exec and founder of Sun. Khlosa invests in seed to late stage investments, with particular interests in the mobile, alternative energy, bio refineries businesses.

Investments can range from $100,000 and $20 million.

Bessemer Venture Partners


Bain Capital Partners

Founded in 1984 by three Bain partners with $37 million: Mitt Romney, T. Coleman Andrews and Eric Kriss. Romney took the firm from a seven person “shaky start-up” to a 115 person firm managing $4 billion, 15 years later. Describes Coleman Andrews of the firm’s early days:

“One potential investor was concerned that we would spend lavishly on fancy offices and needless expenses. I could tell that this bothered Mitt, because he is very careful about spending. Finally, I told the gentleman: ‘You need to understand how frugal Mitt is. When he and Ann go to the movies, they pop their own popcorn in advance. Mitt figures the home-popped Orville Redenbacher costs him only 62 cents, which is a whole lot cheaper than $4.50 for the big tub at the movie counter.’”

270 professionals (51 managing directors) presently steer the Bain Capital ship; Bain Capital Private Equity is comprised of 170 professionals (26 MDs).

Bain Capital’s headquarters are in Boston, but the firm has offices in New York, Chicago, London, Munich, Hong Kong, Shanghai, and Tokyo.

Recruiting

Open positions are listed on their website. A recently listed pre-MBA private equity Associate position for their London office required 1-2 years of consulting or investment management and a top-tier undergrad degree.

Sources
Bain website
Boston Globe, Reaping profit in study, sweat
WaPost, A Man with a Mission

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