PE Summer Internship: Operations or Investment Side?

Hey fellow monkeys!

I just received an offer from an alumnus that I could either help him in operations for the acquired firm or that he could refer me to similar firms that would want investment valuation (deal sourcing, valuation) help.

I assume an investment valuation role would be more applicable for someone wanting to do IB, but I am not sure how receptive the other firms would be towards letting me intern (or whether I would even get the internship as those other firms probably don't have alumni who would push for me). It would be weird to contact him after a few weeks asking to intern with him if he referred me to other firms and it didn't work out with them.

What do you all think? Is an operations role ok or would I be better off asking him to refer me to the other firms doing investment valuation?

Thanks!

 

What exactly would you be doing in operations of the acquired firm? That could potentially be helpful as well - especially if you want to make the jump directly to PE after undergrad as an analyst. I don't think you can go terribly wrong either way - but I would probably err on the side of the operations. If this alum is giving you an offer that means he trusts and wants to work with you. Someone else might not think so highly of you , regardless of the recommendation. And if no one else has anything it might look bad to come back to him later.

"Even if you're on the right track, you'll get run over if you just sit there" - Will Rogers
 

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