What PE firms recruit from undergrad (Wharton, Harvard) for analyst positions?
I know there are a handful of megafunds that recruit at Wharton and Harvard for analyst positions (usually 2 or 3 a year). I know for sure that Blackstone, Bain Capital, SilverLake, and GS PIA do.
Are there any others like Carlyle, Warburg Pincus, TPG, KKR, or Apollo that either have an analyst program or would consider taking on an analyst position even if they don't have any right now?
If anyone that works at one of the larger PE firms could give advice this possibility, it would be appreciated.
Depends on experience, how you recruit and where you apply.
Yea, I'm asking for the "where you apply" bit
Cerberus used to have an analyst program, but to my understanding, they're not looking to hire out of undergrad anymore.
Elevation Partners def recruits out of undergrad as does Apax. Audax (MM PE) also recruits out of undergrad.
thanks, any others?
apollo and summit partners
Carlyle occasionally takes out of undergrad, but for Europe only. 3i also recruits out of undergrad.
Do all the above firms only recruit out of Wharton and Harvard? Would having 2 summers of BB IBD experience make a difference?
Most of them recruit only at Wharton & Harvard (some just Wharton), but if you have two BB IBD internships in top groups, reach out to contacts in those firms and see if they'd be able to get your resume looked at.
Do most people not at harvard/Wharton actually have contacts in private equity? Or are they typically people they met during their internships?
You don't have to go to Harvard or Wharton to work in PE... if you go to a target, you'll undoubtedly have alumni in PE. Same with semi-targets, and even non-targets will have scattered examples. There aren't very many PE firms that recruit our of undergrad, and most of those that do have their firm's biographies online; going through them is not a major time-commitment. If you're working at a bank though, yes, you can use the firm's alumni, but be careful about doing so; junior people will generally be more amenable to that than senior guys, who might be having dinner with your MD and bring up that you contacted him - that's obviously not good.
PE firms on West Coast that recruit out of undergrad? (Originally Posted: 09/12/2008)
Anyone have an idea of which firms recruit out of undergrad? Not talking about the big-mega funds that taken 1-2 out of HYPW a year....
Thanks a bunch in advance.
Alpine Investors in San Francisco, but they hire far and in-between because they are such a small shop. Check them out.
PE firms that hire out of undergrad (Originally Posted: 11/09/2011)
I'm looking to make a list of MM PE firms OR merchant banks that have fresh undergrad or that hire fresh undergrads. Not interested in mega funds or PEGs that hire only from Wharton/Harvard/PHD physics Princeton since that information is already available on this site. Just MM/lower MM firms PEGS/growth equity/mezz funds/FofFs. I will throw on a few firms that I have already in a few minutes, for others to use.
thanks, pika
I know Ennovance in Philly does.
I know Roark Capital in Atlanta does.
I know Vista Equity Partners have hired analysts with no previous banking experience - tho not sure if straight from undergrad...
Yes, Vista does hire directly from undergrad.
In regards to Ennovance, check this link http://www.wallstreetoasis.com/forums/fake-pe-fund
Audax Group has started hiring straight out of UG.
Hamilton Lane
Great Point Partners
ccmp capital
Cerberus
Why would any firm hire an recent undergrad, unless you have significant work experience. What would you contribute that can't be outsourced?
The recruitment process for post-banking analysts has begun to start so ridiculously early that often it means interviewing candidates who have only been on the job for 6 months or so for a job they will not start for another 12-18 months. At that stage, you don't know much more than a graduating senior (and perhaps not as much as one with great internship experience), so firms might as well start looking at outstanding undergrad candidates as well. This allows the firm to get someone for cheaper than a post-banking, pre-MBA associate who is only a marginally better candidate (i.e. not worth the extra you would have to pay them as an associate vs. analyst). It also allows you to shape and train the candidate on your own from day 1, which is especially important to firms who look to retain and develop employees long-term.
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