Development project finance vs infra PE

So I have these 2 offers for my first finance experience: one in a development bank in an infra project finance team (all types of infra: energy, roads, bridges, telecoms, mines, logistics, urban transport… in emerging countries: Africa, Asia, South America) and another one in a quite big PE but focusing only on (renewable) energy and stuffs like charging stations for electric vehicles in much less exotic countries (Europe).

For the kind of projects, I obviously prefer the development bank which is much more diverse and interesting to me (both for all the types of infra and the geographies that I find fascinating compared to the PE fund that is a bit boring next to that: a windfarm in Germany is less exciting than a cable car connecting a favela with a city center in Ecuador) but the pay is a bit less (not really a problem tbh) and also I’m scared to be taken less seriously later than if I go to PE now. People in the the DFI are also less finance style than in the fund, which I preferred when I interviewed, but I don’t know if this should be taken into account for that choice.

My medium-term goal would be either infra PE but not energy, more transport and natural resources, or working directly in a mining or construction or transport company in the finance or development team.

How would you proceed to chose? In the project finance/infra area, how is the reputation of DFI? Happy to hear your thoughts about that!

3 Comments
 
 

Molestiae libero quia aliquid fugiat. Optio cumque quae hic sit ut doloremque molestiae. Aut eligendi praesentium maxime dolores.

Qui tempore ut pariatur optio. Officia aliquam eaque minus sunt quia voluptas itaque at. Quas nulla cupiditate autem dignissimos. Aliquam consequatur molestiae debitis. Fugiat quam ut laudantium dolore sint aut.

Similique velit veniam asperiores dolore odit soluta. Ut incidunt autem nihil et cumque molestiae saepe. Libero aut quia ipsam ut ea.

Praesentium laboriosam hic omnis quia beatae et. Illum ipsum et et id.

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 (66) $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

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...”