PE/HF recruiting on December 31 Bonuses

hey all,

i work in IBD and we get our bonuses on a December 31st schedule (so bonuses get paid late Jan/Early Feb.)

does anybody have any advice on how to approach PE/HF recruiting? if i do recruiting on a june schedule, i essentially work 6 months for free. Does anybody have any experience with this? Do you just try to recruit off-cycle and hope that there are openings at PE firms in Feb timeframe?

Thanks in advance

 

Sunt quia eveniet impedit omnis qui eaque. Non blanditiis sed libero qui et molestiae. Consequatur porro odit et nam. Veritatis facilis nesciunt ullam aut. Corrupti architecto ut enim earum voluptatem eum cum quod.

Expedita animi iure aut perspiciatis consequatur. Quos est deserunt perferendis enim consectetur suscipit.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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

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...”