Is MM PE worth it?

If one can't get into a megafund (e.g. Blackstone, Carlyle) is it worth it to go to a good middle-market firm that might be less well-known but still seems to have good people? e.g. Hellman and Friedman, Berkshire Partners, and then try to move up to a bigger, more prestigious fund after?

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I mean, in what sense. It all depends on what you want to be doing. If you want to do PE at a really serious reputable big fund, then yes, take any of those. H&F and Berkshire and similar funds aren't "mega funds" but they are big and super selective. You'd get awesome experience there.

If someone is hell-bent on PE, they aren't going to just say "fuck, I can't go to H&F, it's not KKR, might as well blow my brains out."

 

Isn't there a thread about this in the FAQ that discussed how starting in MM PE may be a better way to a megafund?

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 
FreezePopsNo career in finance is worth doing. No matter how well you do, you will never be Michael Phelps.

You don't say.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

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