2/7/11

Ok so if you guys read my previous thread, I turned down LAZ/BX SA for FT at Barcap IBD...

I'm getting really concerned about my exits now after I read this thread (http://www.wallstreetoasis.com/forums/former-ms-ma...)

Now my question to you now is...To make up for the disadvantage I have in exits, what should I do to make sure I interview with all the top PE shops? I know being a top analyst is obvious, but how can I approach headhunters or get my face in front of large pe funds? I will likely end up in Barcap's Comms&Media, Financial Sponsors, or Tech group...

Also, Does anyone know how Barcap has placed for PE over last 2 years? (except the obvious Natural Resources group)

Time goes by really fast and I really dont want to let April 2012 to approach with me realizing that all the megafunds have their interview slots filled..

Comments (19)

2/7/11

I would relax. Barclays is a very good place to be and from what I hear has an amazing culture. No idea about placement though, I saw someone at a top five fund (BX/KKR/TPG) from linkedin but not sure beyond that.

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2/7/11

If you think life is all about an exit opportunity then good luck. Enjoy the Handcuff's at least they are made out of gold.

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee

WSO is not your personal search function.

2/7/11

should've done the SA with bx/laz

2/8/11

Something you chimps should understand: so called "exit opportunities" DO NOT MATTER (given you are in the same league, and yes, Barcap is in the same league as BX/LZ) as much as your personal performances and skills outside of the daily grind. People will generally end up where they belong. Those with talent and determination will be be awarded, while those who lack them will not. Simple as that. Are there exceptions to the rule? Of course, but hey, can you control that?

And what are you guys thinking? "Oh, if I got into BX/LZ, then I will be able to exit into KKR, BX, Mega-Buy-Shops; whereas if I work at Jefferies, then it's game over." Grow the f*ck up and stop with these posts.

2/8/11

Oh my gosh dude you might have totally f***ed your career here, it's time to go into complete panic mode.

Seriously? Take a deep breath, BarCap is far from the end of the world. I have friend there and he actually likes it. You could be in much worse shape.

One of those lights, slightly brighter than the rest, will be my wingtip passing over.

2/8/11

Steinig, you're probably saying this cuz you got a jefferies offer.

2/8/11

Did you consider the possibility of doing a lateral to a top BB group after BarCap?

2/8/11

HOOLLYY SHITT! Barclays! Your career is over! How can you even look at yourself in the mirror!!!...your parents must disown you! You better save up all of your measly salary at Barcap, because you will be homeless after short and painful analyst stint :'(

OP, I hope you are joking.

2/8/11

s2tn6at, lateraling to top BB group would most often mean I am sticking to banking..

PE recruitment happens a few months in so lateraling won't help my exit opps

2/8/11

Everyone making fun of you is pretty much correct. Barclays is a bulge bracket investment bank and I don't think you should be worried your career is over. Yes, it's a lot less likely that you'll end up at KKR now since you're at Barclays as opposed to LZ/BX, but it's still possible. Much more importantly, it doesn't really fucking matter if you end up at KKR or at some other private equity fund that isn't a household name... just RELAX.

2/8/11

@adamthegreat,

Ya, I work at Jefferies. I don't get it, is that supposed to be an insult?

2/8/11
2/8/11

Relax dude, give your best, rock out during the first couple of months, get your superiors to like you and then you reach out and connect with the headhunters and see what comes around. Maybe KKR wont be in reach maybe it will, nobody here can tell you that with certainty so wait and see.

"too good to be true"

See my WSO Blog

In reply to International Pymp
2/8/11
International Pymp:

Everyone making fun of you is pretty much correct. Barclays is a bulge bracket investment bank and I don't think you should be worried your career is over. Yes, it's a lot less likely that you'll end up at KKR now since you're at Barclays as opposed to LZ/BX, but it's still possible. Much more importantly, it doesn't really fucking matter if you end up at KKR or at some other private equity fund that isn't a household name... just RELAX.

^ This. Calm the fuck down - if you land in one of the groups you mentioned, there is no question doors will open for exit ops. KKR is not the only house making money, FYI.

"Jesus, he's like a gremlin; comes with instructions and shit"

2/8/11

You haven't even started working yet...

2/8/11

I don't get it. You haven't even started at barcap but you are already thinking of exit opportunities? Shouldn't you be having these thoughts in 2 years time? Maybe I'm missing something here..

2/8/11

Well he is right that this will be an issue for the first time in spring 2012 to quit after two years. But I think this is way ahead. Fuck the PE exit opps for now and get started first.

"too good to be true"

See my WSO Blog

2/14/11

fuck u assholes...

why is it a sin to want to place to megafunds?

In reply to adamthegreat
2/14/11

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