A chance to skip two years of ibanking and begin investing right out of undergrad - Summer Intern Audax Group Employee Review

5.0
19 Oct 2011
Recommend
CEO approval
Business outlook

Pros

Summer internship program is really well designed to give you a taste of what it is like to work on the deal team with one week of training at beginning of the program. There is no make work, first week on job I traveled to a management meeting with an MD and VP, I got to work on two live deals and two portfolio companies during the ten weeks. Really liked the people and thought there was a good mix of social events to get to know the senior team.

Cons

You definitely work hard and can travel extensievly depending on your deals / portfolio companies. It is a matrix starffing model, so every team you work on differs- which is a con and a pro. Post-undergrad comp scales up significantly in third year after school, so if you're thinking about leaving in first or second year, it's not as lucrative.

Explore other reviews about Audax Group

5.0
6 Jul 2026
Recommend
CEO approval
Business outlook

Pros

Good culture, hardworking and motivated team

Cons

Can sometimes be tough to balance work given velocity of deals

2.0
12 May 2026
Recommend
CEO approval
Business outlook

Pros

nothing special. typical PE perks: occasional fancy dinners, catered lunches, expense stuff, good health plan, etc.

Cons

culture is pretty toxic - management pretends things are great and sugarcoats everything, junior employees have low morale - salary not competitive at all. terrible 401k match. taboo to talk about coinvest. no salary transparency or progression path - terrible culture of being available/visible. i've spent entire days with no work, sitting in the office just waiting to go home - very top heavy. tons of MDs and too many opinions. managment can't change because they can't decide on anything. - hours aren't bad but toxic culture makes you stay late. sometimes i save work for later so i have a reason to stay late and look busy - very much a gossip culture. lots of talking about people behind their backs - constant probing for upward feedback from management but nothing ever changes - management appeases junior employees with occasional dinners and parties, gets old after the first three. Partners don't show up at events, and MDs leave as fast as possible - catered lunches sound nice but are unhealthy slop, office snacks are all unhealthy. it's like a 7th grader is ordering the food - office has little color and bright hospital lighting. drives you crazy after a few hours

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