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      NYPPEX

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      NYPPEX reviews

      One of the worst firms out there - Anonymous employee NYPPEX Employee Review

      1.0
      Dec 4, 2013
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Any positive aspects of the firm are dwarfed by the unbelievably poor management of the firm

      Cons

      The list goes on and on. CEO and his henchmen have built a joke of a platform. They just don't get it but they have a small retail pipleline which keeps the lights on. I have spent some time at some second and third tier firms, but this place takes the cake. Unethical leaders with pipe dreams of playing with the big boys. This firm is to be avoided at ALL costs.

      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. Regarding management skill, over the years, we have led the consolidation of our industry by acquiring 3 competitors, and recently, investing in 2 fintech firms. We are among the largest firms in the secondary private equity industry worldwide by several measures, including having provided liquidity on over $8 billion in private equity assets and by employee headcount. 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.

      Explore other reviews about NYPPEX

      5.0
      Aug 11, 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
      Jan 10, 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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