Investment Banking Summer Analyst to Private Equity Full-Time Analyst
Hello all,
I hope you find this inquiry well. I had some questions regarding the lateral process from IB to PE.
I am a junior at a top 5 undergraduate business school with a 3.5 GPA. My internship experience isn't great, and neither are my EC's, but I am working at a boutique MM investment bank in NYC this summer that is top in its sector. I was wondering what the process is like for going from a summer internship in IB to going for a full-time job in PE.
I am asking mainly because I am wondering if this is even possible for me, given that I'm not working at a "big-name" firm, and most PE firms want 2+ years of IB before you lateral. Thanks for your time.
Also interested ^ same applies to me although I'll be interning at one of (GS/MS/JPM). I assume we would have to reach out to alumni or employees at PE funds to see if they can put forward our application/refer us to headhunters. If not I guess we would have to directly get in touch with some headhunters.
Bump. I would also be interested. Interning at a top eboutique LAZ/EVR/PJT... curious what the process looks like
IB SA to Full-Time PE? Help (Originally Posted: 01/27/2018)
Has anyone been able to do this successfully? I will be at a top BB next summer and am very passionate about investing. I would like to skip the 2-year IB stint and go straight to buy-side, preferably an upper-MM PE or MF PE. I go to a non-target on the east coast and have great internship experiences, grades, extracurriculars. Assuming I can get into a top group would this be possible?
Would appreciate anyone's insight who's gone through the process and from the senior posters on the site as well.
Thanks!
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