Best exits for PE partner track
trying to figure out what banking groups give you the best chance to making partner at a PE firm.
I am a sophomore trying to choose between internship offers between FIG at a Tier 1 Bank (think GS/MS) vs. HC at a Tier 2 Bank (think BAML/Citi).
Which of these groups would give me opportunities at PE firms that view new hires as potential partners, as opposed to having just a 2 year commitment?
Thanks for the advice and happy to answer any more questions.
Thousands of things have to go right over a period of many years to make partner at any PE firm. No specific group will automatically throw you onto a partner track. That said, making partner at a MF is considerably harder than at a MM, so you could look into historical group exits and see if one seems more connected to solid MM shops than the other.
However, as a sophomore, you could easily switch groups for junior SA, so I'd look even more broadly across the banks you have offers from. For example, I know GPUG at MS has solid PE exits to MFs, UMMs, and solid MMs, so you could always do FIG as a sophomore and aim to swap into a group like that for junior year.
So you offers must be MS FIG and Citi HC personally id take the MS brand name over Citi or even BAML even if it is FIG.
GS FIG has one of the top exits in the street lol
GS/JPM are the top in FIG with MS, Citi, Barclays coming after
JPM is top in HC with GS, MS, Barclays, Baml coming after
GS FIG > BAML HC > MS FIG > Citi HC
How did you already get an offer with GS/MS? Is this for Summer 2021?
He's lying about all of these offers except for maybe maybe citi
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MS gives out early offers to select candidates outside of diversity programs. GS does not from what I heard. Do you enjoy acting superior?
1) You’ve never been in banking so who knows if you’ll want to continue finance (or if you’ll be performing well enough).
2) You’ve never been in PE so how do you know you want to spend your entire life in that field?
3) You’re asking college kids how to become partner...
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