Recruit PE/HF from a shit bank or lateral?
Hi all, I work at a shitty investment bank and it's not exactly well regarded. Do get some looks from private equity and hedge fund from time to time. My total exp is just over 2 years. Have been in banking for 1.5 years.
The thing that bothers me is: should I first lateral to a better bank or should I recruit for PE directly? Right now the whole world seems to be in a global recession mode and the lateral market is not as hot as people were saying.
Concerns:
(1) If I lateral to a better bank, I'd be seen as a job hopper if I decide to recruit for buyside in 1-2 years
(2) If I stick it out at my current bank, because of its mediocre reputation I absolutely won't get looked at most reputable PE shops
(3) If I lateral to a better place and stick it out for 2-3 years, I'll be Associate/Sr. Asso level and that might not be the optimal time to recruit for PE?
Feeling stuck. Anyone?
Ut laudantium molestiae atque odit qui vel harum. Voluptatem vero nemo rerum ab blanditiis voluptatem sit. Veniam dolor laudantium maxime sint qui facere. Harum eum in molestiae doloribus similique dignissimos. Repudiandae voluptate ab quaerat sit optio magnam quod.
Quisquam ut nulla dolore sed omnis sequi distinctio. Corporis repudiandae laborum saepe et. Nesciunt iure recusandae vitae veniam est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...