Does IB in the REGL group at a BB (BofA, Citi, Barc) pigeonhole you?

Based on the most helpful WSO content, being in a specific group like REGL at a BB (BofA, Citi, Barclays) does not necessarily pigeonhole you, but it can influence the type of PE roles you are considered for. Typically, groups such as M&A or Sponsors might have a more direct path to traditional PE roles due to their deal exposure and the skills developed there.

For securing a Corporate PE offer through on-cycle recruiting, it's generally more challenging from a group that's not directly aligned with typical PE recruiting paths. You might need to demonstrate strong modeling skills, a good understanding of deal structures, and possibly leverage any relevant deal experience you have. Networking and impressing headhunters also play crucial roles in getting noticed for on-cycle opportunities.

If aiming for a more traditional PE path, lateraling to a group with more direct exposure to PE-related transactions, like M&A or a sponsors group, could enhance your chances. This move can provide more relevant experience and make you a more attractive candidate for PE firms during on-cycle recruiting.

Sources: https://www.wallstreetoasis.com/forum/private-equity/a-guide-on-how-to-navigate-on-cycle-pe-recruiting?customgpt=1, Accept mid-tier BB Offer or continue recruiting?, https://www.wallstreetoasis.com/forum/private-equity/just-broke-into-ib-as-a-lateral-how-do-plan-my-move-to-pe?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/advice-for-undergrads-going-into-ib-interested-in-pe?customgpt=1, My (successful) experience with on-cycle this year

Based on the most helpful WSO content, being in a specific group like REGL at a BB (Bank of America, Citi, Barclays) does not necessarily pigeonhole you, but it can influence the type of roles you are considered for in private equity, especially in corporate PE. The perception and the actual skill set you develop can be more specialized, which might not align perfectly with the generalist approach many corporate PE firms prefer.

Regarding on-cycle recruiting for corporate PE from a group like REGL, it's less common but not impossible. Typically, the most sought-after candidates for on-cycle PE recruiting come from M&A or LevFin groups due to their direct exposure to deal-making processes and financial modeling. However, if you have strong deal experience, can showcase relevant skills like financial modeling, and have built a good network, you could potentially secure a corporate PE role through on-cycle recruiting.

If you find that on-cycle opportunities are limited due to your group's focus, lateral moves within your bank to more traditional PE feeder groups could enhance your chances. This strategy would align your experience more closely with the typical candidate profile that corporate PE firms look for during on-cycle recruiting.

Sources: Accept mid-tier BB Offer or continue recruiting?, https://www.wallstreetoasis.com/forum/private-equity/a-guide-on-how-to-navigate-on-cycle-pe-recruiting?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/advice-for-undergrads-going-into-ib-interested-in-pe?customgpt=1, Lateral to better bank and recruit off cycle or stay at UBS and recruit on cycle?, Not in the better groups. Advice on whether or not to lateral into a better group for PE recruiting?