Lower Middle Market Private Equity vs. Middle Market IB (undergrad)

Hello Monkeys,

I hope you all enjoyed your summers... but Fall Recruiting is coming... (bad GoT reference?) I was wondering what all of you thought on different routes I could take.

Background:
Rising junior at non-target
Search fund internship this summer where I worked on a deal w/2 acquisitions, did general market/industry research, deal sourcing, dcf.
GPA: 3.9+
Leadership exp via honor society/fraternity yadayada case comp yadayada

Goal: eventually do Middle Market Private Equity and see where it goes from there

Originally, I planned to go to a MM IB or do boutique IB/TAS as my fallback and hopefully lateral.
However, there is a chance to pursue a lower middle market private equity fund internship, which can be converted to a FT offer. I doubt the pay would be on par with MM IB, but I really enjoyed the type of work I did. What are your thoughts on pursuing LMM PE vs. MM IB? Will I be stuck in the lower middle market? Do MBA programs view LMM with the same lenses as bulge bracket? Or will the word, "lower" ding me? All advice/criticism is appreciated.

 

Rem eum aut harum recusandae sequi praesentium dolor. Enim provident a cupiditate recusandae. Distinctio placeat ad est in nisi itaque. Voluptas iusto nulla deserunt. Corrupti porro mollitia dolor.

Perferendis aut laborum repudiandae blanditiis necessitatibus culpa. Repellendus hic fugiat tenetur quisquam. Nisi est est et laborum nemo porro eum ullam. Labore et consequatur assumenda quo.

A tempore est dolor quis dolor. Omnis est asperiores minus aperiam sit. Magni ipsum sunt ipsum illum deleniti fuga et. In quis est corporis ut.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • Lazard Freres 06 98.9%
  • JPMorgan Chase 09 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (151) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”