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Growth equity firms: who hires juniors and what they pay

Of the 32 ranked firms, 6 are growth investors first: Warburg Pincus, General Atlantic, Insight Partners, TA Associates, Summit Partners and TCV. TPG and Blue Owl run growth strategies alongside other businesses. Growth equity firms advertise their entry-level routes more openly than buyout firms do: 4 of these firms post a base for a junior growth role, and two of the 5 verified undergraduate analyst programs are here.

8 of 37 listed programs match · Last verified November 11, 2026 · See the full Private Equity List →

Growth equity firms: titles and posted pay

What each firm with a growth strategy posts for junior growth investing roles. “Not posted” means no live posting states a figure, not that the firm does not hire.

FirmJunior titlesPosted baseRole and levelGrowth role posted now
TPGNot publishedNot posted—No
Warburg PincusAnalyst · Associate$125k2028 US Analyst Program (Full-Time): Analyst, new graduate (starts August 2028)Yes
General AtlanticAnalyst · Associate$150k–$160kAssociate, Life Sciences: Associate, experienced hire (2–5 years, at least 2 in life sciences)Yes
Insight PartnersSummer Investment Analyst · Investment Analyst · AssociateNot posted—No
TA AssociatesAssociateNot posted—No roles posted
Summit PartnersAssociate$150k–$160kAssociate (2027): Investment Team: Associate, pre-MBA (most have two to three years)Yes
TCVNot publishedNot posted—No roles posted
Blue OwlAssociate$90k–$175kBlue Owl Technology Solutions, Technology Growth Investing, Associate: Associate, experienced hire (1–3 years)Yes

Base salary only. Titles are taken from each firm’s own postings or site.

Growth equity vs private equity

Growth equity firms invest in companies that are already growing, often for a minority stake. Buyout firms, which are what most people mean by private equity, buy control. The line is not sharp, and several firms here sit on both sides of it. Warburg Pincus calls itself “the pioneer of global growth investing” and invests across stages from growth to buyout. TA invests through both minority and control deals. Insight Partners spans venture, growth equity and buyouts.

For someone starting out, the firms’ own pages point to three differences. First, sourcing is the job. Insight tells its analysts: “As a sourcing analyst on Insight’s Investment Team, you are the lifeblood of our firm. Without you, our deal pipeline does not exist.” Summit Partners’ associate responsibilities open with “Driving research, idea generation, and thematic sourcing”. Vista, a buyout firm, adds a sourcing line only for its smaller funds: “Endeavor and Foundation Candidates: Contribute to deal sourcing efforts”.

Second, growth firms advertise entry from undergraduate: Insight and Warburg Pincus both run named full-time analyst programs with public eligibility dates. Third, applications are public. Summit Partners, Warburg Pincus and General Atlantic take applications on their own boards. Insight’s board listed no postings on the date read, and its campus talent-pool form says “This is not an active job posting.” Among the buyout firms on this list, only Vista had an analyst or associate class open to applications; Partners Group had a single private equity associate role posted.

Does growth equity pay less?

Prep sites say so: Mergers & Inquisitions’ growth equity guide, last modified June 10, 2026, says “compensation is usually lower” than in private equity. The postings do not settle it for base salary. Summit Partners posts $150,000–$160,000 for its 2027 associate class, above the $120,000–$150,000 Vista posts for its own and below the top of the $155,000–$175,000 Partners Group posts for a private equity associate. That is three firms and base only, so it says nothing about bonus or carried interest, which none of them posts.

TPG manages $346 billion as of September 30, 2026, per its home page, which splits that into Capital ($98B, large-scale control private equity), Growth ($37B), Impact ($37B), Credit ($108B), Real Estate ($43B) and Market Solutions ($23B). On November 11, 2026 its board listed 13 postings and none was on an investment team: they were in credit asset management and client coverage, Y Analytics, accounting, compliance and engineering.

Locations
None posted
Work setup
Not stated: no junior investing role is posted
Who they hire
Not stated by the firm. No investing analyst or associate role is posted, and nothing on TPG’s board or careers page describes an analyst or associate program.
No investing roles: all 13 postings were outside the investment teams, in credit asset management and client coverage, Y Analytics, accounting, compliance and engineering

Salary band, hiring status & why it ranks here — see the full TPG PE page →

Warburg Pincus is a private partnership founded in 1966 that calls itself “the pioneer of global growth investing” and invests across stages from growth to buyout. It hires a full-time analyst class straight from undergraduate and posts the base salary, which no other firm on this list does. “Each Analyst is assigned to an industry sector where they can specialize and build the foundation for becoming an expert in that area.”

Undergraduate analyst base (new graduate)
$125k
Locations
New York
Work setup
Posted by office (New York); remote or hybrid terms were not recorded in this read
Who they hire
Undergraduates: the 2028 US Analyst Program asks for an “Anticipated graduation date from an undergraduate program in December 2027 - June 2028”. There is no internship route: “Please note this is a full time opportunity and we do not currently offer internships.” Associates: the firm keeps a pipeline posting (“This is to pipeline future Analyst & Associate candidates.”) and does not say where associates are hired from.
Applications
2028 US Analyst Program (Full-Time) was first published September 20, 2026, for an August 2028 start about 23 months later
Worth knowing: Warburg Pincus’s candidate privacy notice, attached to every posting, lists “recruitment agencies we collaborate with to fill vacancies” among its sources of candidate data. It is one of two first-party mentions of recruiters we found on these firms’ pages; the other is Providence Equity Partners’ notice to recruiting agencies.
Open: the 2028 US Analyst Program (Full-Time) in New York and a US Analyst & Associate pipeline form were posted

Salary band, hiring status & why it ranks here — see the full Warburg Pincus PE page →

General Atlantic is a global growth equity firm. Its postings say it “manages approximately $126 billion in assets under management, inclusive of all strategies, as of March 31, 2026, with more than 900 professionals in 20 countries across five regions”. It recruits an associate class by year: in June 2025 it said it “does not plan to conduct formal interviews or extend offers this year for the Associate Class of 2027.” (as quoted by Banking Dive). In the US on November 11, 2026 it had two junior roles posted in New York: Associate, Life Sciences, and Analyst, Portfolio Management, which is a fund and portfolio reporting team and not a deal team.

Life Sciences associate base (2–5 years)
$150k–$160k
Locations
New York
Work setup
Posted by office (New York); remote or hybrid terms were not recorded in this read
Who they hire
Associates: General Atlantic recruits an associate class by year, by its own statement. The one posted associate role asks for 2–5 years of post-graduate experience, at least 2 in life sciences. Analysts: investing Analyst roles were live for Munich, Shanghai and Singapore, but the only New York analyst role was in Portfolio Management, described as “a two-year program (with the ability to extend, depending on performance and business need)”.
Applications
The generalist associate class is not posted. In June 2025 the firm said it would not interview or extend offers that year for its Associate Class of 2027 (statement quoted by Banking Dive, June 12, 2025)
Open: Associate, Life Sciences and Analyst, Portfolio Management were posted in New York; the generalist associate class and US deal-team analyst roles were not

Salary band, hiring status & why it ranks here — see the full General Atlantic PE page →

Insight Partners is a software investor spanning venture, growth equity and buyouts. Its site says: “As of December 31, 2025, the firm has over $90B in regulatory assets under management.” Its campus page says it “has been sourcing and investing in innovative, high growth software companies for 30+ years”. Its analyst program is built on sourcing: “As a sourcing analyst on Insight’s Investment Team, you are the lifeblood of our firm. Without you, our deal pipeline does not exist.” On November 11, 2026 its job board listed no postings, and its Campus Recruiting Talent Pool form says “This is not an active job posting.”

Locations
None posted
Work setup
Not stated: no junior investing role is posted
Who they hire
Undergraduates: “Undergraduate or 5th-year Master’s students graduating between December 2028-June 2029 are eligible to apply to our 2028 Summer Investment Analyst Program.” The 2028 full-time Investment Analyst Program is for those graduating between December 2027 and June 2028. Analysts are promoted from within: the summer program page profiles an employee who progressed “from Summer Analyst to Full-Time Analyst and now Associate”. A lateral associate route is not stated.
Applications
No application was posted on November 11, 2026. The firm says it reviews applications “in order of when they were completed”
Worth knowing: The campus page mixes cycles: a 2026 Summer Investment Analyst Program timeline dated September 2024 to February 2025 sits beside 2028 eligibility text. Check every date on it before you plan around it.
No roles posted: the job board listed no postings, and the campus pages describe the 2028 Summer Investment Analyst and 2028 full-time Investment Analyst programs without a live application

Salary band, hiring status & why it ranks here — see the full Insight Partners PE page →

TA is a firm founded in 1968 that invests in profitable growth companies in technology, healthcare, financial services, consumer and business services, through both minority and control deals. Its history page records “$65 billion in capital raised” by 2023, which is a cumulative figure and not assets under management. Its careers page lists no openings and names talent contacts by email, one of them for the Associate Program. Its careers.ta.com site lists portfolio-company jobs, not jobs at TA.

Locations
None posted
Work setup
Not published: the firm posts no roles
Who they hire
An Associate Program exists by the firm’s own account. Who it hires, undergraduates or people with banking experience, is not stated on the site.
Cannot be verified: the careers page lists no openings and gives email contacts, one of them for the Associate Program

Salary band, hiring status & why it ranks here — see the full TA Associates PE page →

Summit Partners is a growth equity firm with a four-decade history that has invested in more than 550 companies in technology, healthcare and other growth sectors; its home page gives $44B+ of assets under management. Associate is the entry title on its investment team, and the role is built on sourcing: its responsibilities open with “Driving research, idea generation, and thematic sourcing” and “Engaging with entrepreneurs and executives of privately held companies to explore and develop new investment ideas”.

Pre-MBA associate base (most have two to three years)
$150k–$160k
Locations
Boston · Menlo Park
Work setup
Posted by office (Boston, Menlo Park); remote or hybrid terms were not recorded in this read
Who they hire
“Most Associates have two-to-three years of professional, quantitatively-based experience (typically from investment banking, direct investing, or consulting, although we invite other backgrounds to apply).” “The Associate position requires a three-year commitment.” No analyst title or internship was found.
Applications
Associate (2027): Investment Team was first published May 1, 2026, updated June 10, 2026, and was still live on November 11, 2026
Open: Associate (2027): Investment Team was posted for Boston and Menlo Park

Salary band, hiring status & why it ranks here — see the full Summit Partners PE page →

TCV is a growth equity firm investing in technology companies, with equity checks of $10 million to $500 million and 350+ technology investments over a 30+ year history. Its site reports $23 billion of assets under management as of June 30, 2026. The site has no careers page and we found no job board.

Locations
None posted
Work setup
Not published: the firm posts no roles
Who they hire
Not published. With no careers page, who the firm hires, and from where, could not be verified.
Cannot be verified: the site has no careers page and no job board was found

Salary band, hiring status & why it ranks here — see the full TCV PE page →

Blue Owl invests, in its own words, “across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital”, with “$330 billion in assets under management as of September 30, 2026”. The junior investing roles it had posted on November 11, 2026 were in Alternative Credit (credit secondaries and asset-based finance) in New York and in Technology Growth Investing in Menlo Park. No core direct lending analyst or associate role was live.

Credit secondaries Analyst / Associate base (1–3+ years)
$110k–$165k
Locations
New York · Menlo Park
Work setup
Posted by office (New York, Menlo Park); remote or hybrid terms were not recorded in this read
Who they hire
Experienced hires with one to three years in banking or investing, on every live junior investing role. No campus program or internship could be verified.
Applications
All three junior investing roles were posted November 3, 2026
Open: Alternative Credit, Credit Secondaries – Analyst / Associate and Alternative Credit, Investment Professional in New York, and Technology Growth Investing, Associate in Menlo Park, were posted

Salary band, hiring status & why it is not ranked — see the full Blue Owl PE page →

Common questions

Growth equity is investing in companies that are already growing, often for a minority stake and without buying control. The firms describe it in their own terms: TCV writes equity checks of $10 million to $500 million in technology companies, TA invests in profitable growth companies through both minority and control deals, and Summit Partners has invested in more than 550 companies across technology, healthcare and other growth sectors.
A buyout firm buys control of a company; a growth equity firm more often takes a minority stake in one that is already growing. For a junior investor, the firms’ own pages show three practical differences: growth roles are built on sourcing new companies, growth firms advertise analyst programs for undergraduates, and they take applications publicly. Several firms do both kinds of deal, so the line is not sharp.
On this list, in order: Warburg Pincus, General Atlantic, Insight Partners, TA Associates, Summit Partners and TCV. That order is the Private Equity List’s, which follows an industry review, and these firms are ranked against buyout firms too, not only against each other. General Atlantic states the largest assets figure of the group, approximately $126 billion as of March 31, 2026.
Posted base: $125,000 for a new-graduate analyst at Warburg Pincus; $150,000–$160,000 for Summit Partners’ 2027 associate class; $150,000–$160,000 for a Life Sciences associate with 2–5 years of experience at General Atlantic, which is a specialist band and not its generalist class; and $90,000–$175,000 for a technology growth investing associate at Blue Owl. Insight Partners, TA, TCV and TPG post no growth base.
Two on this list verifiably do. Warburg Pincus hires a full-time analyst class from undergraduate, and Insight Partners runs a Summer Investment Analyst Program and a full-time Investment Analyst Program. Summit Partners has no analyst title: Associate is its entry title, and most of its associates have two to three years of experience.

Land the offer, not just the interview.

There is no private equity course yet. Most associates on this list are hired out of banking, so start with the accounting, valuation, DCF and LBO technicals the investment banking course covers.

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