Based on the WSO Dataset, transitioning from a specialized group like REGL at a mid-BB to a UMM PE firm focused on corporate PE can be challenging but not impossible. Here are some strategies you might consider:

  1. Networking: Start building connections within the industry. Reach out to alumni, use LinkedIn, and attend industry events. Networking can often lead to opportunities that aren't advertised publicly.

  2. Lateral Move within IB: If possible, try to lateral to a more generalist role within your current bank or another institution. A position in M&A, for instance, would give you broader exposure and make your profile more attractive to corporate PE firms.

  3. Skill Enhancement: Continue to hone your financial modeling and valuation skills. Consider enrolling in courses that enhance your understanding of corporate finance and private equity.

  4. Recruiters and Headhunters: Get in touch with recruiters who specialize in private equity placements. They can provide valuable insights and help you navigate the recruitment landscape for PE roles.

  5. Consider Smaller Funds: While UMM PE firms are highly competitive, don't overlook opportunities at smaller or emerging funds where you might get more hands-on experience and responsibility.

Remember, each move should be strategic and align with your long-term career goals.

Sources: Not in the better groups. Advice on whether or not to lateral into a better group for PE recruiting?, https://www.wallstreetoasis.com/forum/private-equity/just-broke-into-ib-as-a-lateral-how-do-plan-my-move-to-pe?customgpt=1, PE Lateral Recruiting Advice/Stories/Help?, Capital Markets Analyst Trying to Lateral--Advice?, MM/UMM PE Analyst Exits

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

In quibusdam dolores nisi consequatur. Voluptatibus totam consequatur vitae aspernatur iusto nostrum perspiciatis doloremque. Autem omnis eius porro dolorem laborum magni et. Omnis et minus alias voluptas. Delectus explicabo dignissimos atque saepe quis voluptatem modi quia. Cum similique quia voluptatem.

Quo iusto et exercitationem eveniet dignissimos quibusdam quas. Eos perferendis est hic ipsa. Soluta similique dolorem at ut sed aut non ab. Veritatis aliquid qui omnis necessitatibus incidunt veritatis placeat. Rerum aut sit itaque dolorem quibusdam. Eaque cumque totam doloribus rerum a.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”