Working at Preqin | Glassdoor

Preqin Overview

www.preqin.com
London, England (UK)
201 to 500 employees
2003
Company - Private
Business Services
$25 to $50 million (USD) per year
Unknown
Preqin is the alternative assets industry’s leading source of data and intelligence. Our products and services are utilized by more than 40,000 professionals located in over 90 countries for a range of activities including investor relations, fundraising and marketing ... Read more

Preqin Reviews

2.9
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Mark O'Hare
26 Ratings
  • Helpful (6)

    "3 stars and falling"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in New York, NY
    Former Employee - Sales in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Preqin full-time

    Pros

    Great work life balance, opportunity to meet and work with top professionals across a variety of alternative investment firms and investment banks globally. The brand is very strong, and there are some good people here. Excellent benefits (401k, health/vision/dental), support for self study, lots of options to travel if interested in that. Casual, beer, and summer fridays in NYC office and I believe SF also.

    Cons

    This would have been 4 or 5 stars easily before 2016. I never thought I'd write a review, but now that I am gone I feel it is necessary, if anything to let new sales people or prospects understand this wasn't always a bizarre team. In 2016 our new Chief Revenue Officer (CRO) implemented an entirely new sales structure/compensation scheme. Morale abruptly dropped across the company, notably the most on the sales team. You never saw any turnover, and now everyone has left or is running for the hills. I have never seen anything happen so fast, where a company where people really cared, and were loyal and happy to come into work turned into a miserable place to be. On top of cutting pay and making unnecessary and irrelevant team targets, the new CRO does not seem to understand our products, business, different clients. The lack of understanding or attempting to listen to others is appalling and immature, and set a horrible example across the global sales team. We weren't able to replace all the people we have lost because of the new awful Glassdoor reviews, the awful pay, and team structure. Beginning of the year sales management patted themselves on the back for growing revenues despite lack of actual new clients brought on (prices were increased substantially in 2016, you did nothing actually!) This goes to show how out of touch this individual is, glad I got out when I did!

    Advice to Management

    Look at turnover numbers the last few years. What is the one event where things took a turn for the worst? Hint: its a hiring. I heard 3 team leaders have left since I have, within weeks of each other. This is not a coincidence!

    Absolutely the worst timing for these changes to happen, as other competitors have now taken advantage of the complete disaster occurring internally. Sales "management" does not care about anyone, want to learn, or really seem to want sales to do well or be motivated, so the people still here (if not already checked out) are acting by his example. There are so many issues it is almost laughable at this point, as nearly everyone feels completely marginalized by this person. I know this will fall on deaf ears, but warning those looking into sales here that you can probably find something else that isn't a complete mess.

See All 43 Reviews

Preqin Interviews

Interview Experience

Interview Experience
70%
5%
25%

Getting an Interview

Getting an Interview
71%
19%
4%
4

Interview Difficulty

2.5
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Account Executive Interview

    Anonymous Interview Candidate in New York, NY
    No Offer
    Negative Experience
    Easy Interview

    Application

    I applied through a recruiter. The process took 2 days. I interviewed at Preqin (New York, NY) in January 2017.

    Interview

    There was no phone screen for this role, I was brought on site without ever speaking to a hiring manager. Came on site, waiting for ten minutes before interviewer came in, she asked two questions "walk me through your resume" and "do you have any questions for me."

    It was a laughable, insulting waste of time. Terrible candidate experience.

    Interview Questions

See All 23 Interviews

Preqin Awards & Accolades

  • The Queens Award for Enterprise in International Trade, queensawardsmagazine, 2016
  • HedgeWeek Global Awards: Best Global Hedge Fund Research Provider, Hedgeweek, 2016
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Preqin Locations

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