Boutique/MM IB to UMM/MF PE - Is it possible???
Hey monkeys,
As someone who accepted an SA offer for a firm that has steady deal flow in the ~$300M-$2B range, how difficult would it be to get into UMM or MF PE? Any advice for doing this, or would recruiting FT/lateraling be the best bet for this? I know this is far out, but let's be honest, we're all finance hardos here and want to plan the rest of our lives out already.
Any and all advice is much appreciated.
Bump
One final bump
would be impossible for all intents and purposes. You'd have to lateral
Do you have any reasoning behind this, or any advice for lateralling?
Unless your bank is one of the top MM's discussed on this forum, or a very strong industry specific boutique (and your goal is to go to a sector specific umm pe shop), your chances are pretty much 0. Why because 99% of the time the best candidates are at BB's, EB's and the top mm/industry specific boutique. You realistically won't be the exception to that rule so MF and UMM wont look at you. I don't have any specific advice for lateraling but have good deal experience, be able to speak to your deals well, and just be prepared in general for when the opportunity arises.
Disagree, easily possible to land into a UMM fund if you have right connections and brand name
How would you say I should go about making the right connections here? I have a decent brand name for both school and IB shop.
please tell me how many people have gone to MDP from a no name boutique or sub tier 1 mm bank
The OP said boutique, didn’t say no-name. Know many who have gone from DBO, FTP, Dyal, MKlein, Liontree, Qatalyst, Financo, Sawaya to top funds. Check linkedin
It is possible to make a MF, but just not common at all. I would think of it like a person of non-Italian descent becoming a made guy in the mafia. Sure it happens, but 99% of the time it is not the case.
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