How come Megafund associates appear to be mostly from bulges?

Hey guys,

Just wanted to pick your guys brains on something that I noticed when looking through the profiles of associates at megafunds (KKR, H&F, Bain Cap, etc.) and top upper MM funds that a lot of their current associates come from the big three bulge bracket banks (MS, GS, JPM). Yet on WSO, a lot of people post about how top EB's like Evercore, PJT, Laz are placing the same or better than top BB analysts. Why is that? Am I perhaps missing something?

Take H&F for example, all the associates are from either MS or some MBB firm, with one associate from PJT Rx.

One reason why I think I might be seeing this is because of the sheer difference in number of analysts between EB's and BB's. Perhaps people are saying that on a % basis (in relation to class size), people in EB's place on par with BB's??

*note that this post is not intended to offend anyone in EBs. I'm just trying to gather some honest opinions from y'all with more insight than I do!

Thanks!

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