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      NYPPEX

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      NYPPEX reviews

      Some things never change - Vice President NYPPEX Employee Review

      1.0
      27 Jan 2015
      Vice president
      Recommend
      CEO approval
      Business outlook

      Pros

      You will become familiar with private equity terms and learn to appreciate working at a real firm (once you leave). I did meet several people with whom I still keep in contact.

      Cons

      It was a huge mistake to go to this 'firm.' The negative reviews of NYPPEX are completely true and at this point, illicit a laugh from me. Expect to work about 4-5 months and then be fired but at that point, you won't mind. I was unwittingly involved in a straight out deception of a potential client (at worse)/terrible business practice (at best). In fact, I kept a copy of the documentation of this deal for several years in order to protect myself. Prepared written outlooks and investor communications such as annual reports after a particular year had already passed (e.g. 2006 Outlook/Reports typed up in 2007) in order to validate Management's genius. Management is eccentric, erratic, and frankly bizarre. Also, don't buy the line about RSUs, you won't get that as nobody does.

      avatar
      NYPPEX Response
      10y
      We have internally discussed your review and have found no basis, facts or sentiments from other employees that support your negative statements. NYPPEX has been a pioneer and leader in the secondary private equity industry for more then 15 years based on our dedication to serving clients. Further, our culture promotes a meritocracy where all employees enjoy valuable benefits including equity participation (RSPs), a 401k profit sharing plan and the opportunity to earn a substantial living. Possibly you were a temp that was not offered full time employment (despite your VP claim) or you were one of the few that disagreed with our employee reviews. - Human Capital Group

      Explore other reviews about NYPPEX

      5.0
      11 Aug 2017
      Associate
      Recommend
      CEO approval
      Business outlook

      Pros

      I am trying to find another job, the negative reviews do not help. Hopefully the headline rating will improve and no one will read the poor underlying reviews.

      Cons

      I have nothing negative to share that the other reviews have not covered, extensively.

      3
      4.0
      10 Jan 2014
      Vice president
      Recommend
      CEO approval
      Business outlook

      Pros

      Exposure to high level financial products. Collaborative work environment that is ultimately rewarded when work product is good. Casual work environment, but professionalism is expected. Great firm with upward mobility potential. Former employees that write defamatory reviews are not indicative of the firm and/or culture. Knowing who the employees are (not hard to figure out considering it is such a small firm and the terminations were in close proximity to the reviews) it is not surprising that they took to an anonymous forum to voice their discontent. The fact of the matter is, after given ample time and opportunity to prove their worth they were unable and found wanting. The aforementioned employees, though presenting well in interviews, subsequently had a cursory understanding of the finance world, let alone a niche area such as Secondary PE. These two (un)professionals are unlikely to give a good read on the state of offerings from the firm, as they had 0 active clients and showed little to no ability to attain certain benchmarks.

      Cons

      Because it is such a small firm, vacation days are few and far between.

      1
      avatar
      NYPPEX Response
      10y
      Thanks. Keep up the good work.
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