Non-MF PE worth it for SM HF?

With MF PE being the primary feeder to top SM tiger-like funds, would MM or UMM PE open any doors specifically with SMs that aren't available to analysts straight out of IB? My initial guess would be that this would mainly depend on someone's group in IB but to generalize let's assume a mid-tier group at a mid-tier BB. Would a couple of years in say MM PE increase the quality of potential exits enough to outweigh the time spent there?

Any comments would be appreciated. Thanks!

 

Yes UMM is fine...look at Berkshire, THL, GTCR etc. And no, you do not want to spend extra time in PE. In fact, if you are sure you want HF better to just go out of IB.

 

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