Chicago IB -> SF PE?

Has anyone heard of people moving from chicago IB to reputable SF PE shops?

I'm joining a top chicago bank/group for full time and am interested in exploring SF for PE opportunities

10 Comments
 

Yes, get in touch with West Coast focused headhunters and in general let headhunters know your city preference. By default they will ask you where you want to be.

 
ledger123

all the time. shouldnt be a problem.

Thanks for the response. Is it difficult to get interviews at the top PE funds in SF from Chicago (top group/firm)? Or will my options mostly be limited to mid and lower-level PE shops?

 

For some reason, buyside firms in SF seem to do a fair bit of recruiting outside of the west coast (i.e. in Chicago, NYC, etc.). On the other hand, cities like NYC and Chicago seem to do more recruiting from analysts in those cities; NYC is self-explanatory since there are a ton of analysts, and Chicago seems much more insular in the way that many of the firms recruit. That's just kind of my gut feel, so I may be totally off base.

Oh, and I know you didn't ask about it, but Boston is kind of like SF like that too...

 
CHItizen

For some reason, buyside firms in SF seem to do a fair bit of recruiting outside of the west coast (i.e. in Chicago, NYC, etc.). On the other hand, cities like NYC and Chicago seem to do more recruiting from analysts in those cities; NYC is self-explanatory since there are a ton of analysts, and Chicago seems much more insular in the way that many of the firms recruit. That's just kind of my gut feel, so I may be totally off base.

Oh, and I know you didn't ask about it, but Boston is kind of like SF like that too...

Does SF actually target Chicago for recruiting though? I was under the impression that they focused only on SF+NY

 
CHItizen

Let me rephrase - it's hard to generalize all SF PE firms, but there are certainly some upper MM SF PE firms that actually have first round interviews in Chicago (which is highly unusual).

Ah okay thanks. Do you know which upper MM SF firms in particular have done first round interviews in Chicago?

 
Best Response

I think it was Gryphon or Genstar (I remember one firm starting with a "G", but don't think it was Golden Gate), along with some others potentially. Honestly, it's been a while since I went through PE recruiting and I never really looked at SF, so I'm trying to go off my memory of what friends/other analysts told me during a hectic time from a while back... Sorry.

Obviously, there's also a large VC/Growth Equity presence out west as well, which you might look into if that's your cup of tea. I never did, so can't comment too much on that other than to say that I knew a few guys from Chicago who made it out there in a VC/Growth Equity role, so there's at least some recruiting in this space.

 

Ut eaque omnis animi repudiandae. Voluptate fuga maxime in soluta ut. Autem quia qui ut quisquam.

Corporis fuga sequi maiores est ipsum autem et. Maiores temporibus quae omnis quia inventore accusantium. Molestiae sit eos eos in animi vero.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”