Are LMMs still doing FT recruitment?

Based on the most helpful WSO content, LMM and MM firms often have less structured and more varied timelines for full-time recruitment compared to BBs and EBs. While BB/EB recruiting typically wraps up earlier, LMM and MM firms may still have opportunities available depending on their specific hiring needs.

• LMM Firms: These firms generally hire fewer candidates (0-3 per year) and may not follow a strict timeline. Some LMM funds hire as late as the Spring, while others may have already completed their processes. If you're interested in specific firms, it's highly recommended to reach out directly and express your interest, as proactive outreach can be effective in this space.

• MM Firms: MM recruiting often kicks off in September, with Superdays running through mid-October. However, some niche MMs and regional boutiques may still have openings later in the year, depending on their hiring needs.

It’s worth networking and reaching out, especially to smaller or regional firms, as they may still have random spots open throughout the year. Checking job boards and directly contacting firms can also uncover opportunities.

Sources: Firms Still Recruiting for 2020 Full-Time Analysts, Please help me understand PE recruiting in the lower middle market., How to approach LMM PE recruiting?, Post-MBA Recruiting At Top Asset Managers / LOs