Career path after PE?
Where / how does the churn happen in PE? How are firms constantly hiring if everyone in IB is ultimately (loosely) trying to end up in PE?
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2 yrs then usually you're pushed out
they usually have an existential crisis and then scramble for business school
No offense guys, but can some experienced professional weigh in? Also, what happens to these folk after business school (typically)?
Glue factory.
Many end up as Uber Black drivers, when they pick you up they like to ask what kind of work you do. When you respond, they then tell you they used to do the same and that it was good for awhile but got old. Then you remind them that you had quiet preferred on your profile and need to take a call.
Target Store Manager
Or other bulge bracket stores like Wal-Mart, Whole Foods, or Elite Boutiques, such as Duane Reade, CVS, 7-Eleven...
This is the Investment Banking forum, not the Private Equity forum. With this lack of attention to detail you don't have to worry about what happens after you break into private equity.
They explore life outside the 2+2+2+ path...
People these days need a fixed life path from birth till 90 years or they go insane... Just let go of all the crap and do what you like doing while making non-retarded decisions
Corp Dev/Strat/Fin (esp. at hot tech companies or acquisitive corporates), venture entrepreneurship, general/functional management at a corp, search funds/fundless sponsors, smaller PE funds, fundamental hedge funds, asset owners ("LPs") etc.