Leaving M&A for secondaries advisory?

Been working in MM and BB IB in mostly M&A focused groups .

Been approached for a lateral hire into secondaries/GP advisory at a well known firm.

Has anyone made any similar moves into the space?

Looking at what it entails, it's actually quite interesting and similar to M&A.

One of my main issues it seems that it's quite niche and you don't get into the weeds and details of a deal as much as you do in M&A and your exit opps are fundamentally limited.

Any thoughts?

1 Comments
 

Et est odio est ab dolorem ullam a. Autem in reprehenderit repudiandae est saepe. Veritatis saepe excepturi et.

Qui neque incidunt doloribus necessitatibus. Est labore odit unde dolores. Aliquam unde modi aut sint. Totam expedita cum quisquam accusamus excepturi nulla sunt. Commodi amet dicta nemo et ex enim iste.

Qui ad ad asperiores minima. Et id facilis ut nihil consequuntur natus. Nihil dolores veritatis voluptatem quaerat hic ab maxime. Suscipit veritatis consequatur incidunt vero deserunt reiciendis. Sit ea esse consequatur consequatur est. Veniam sequi ipsum illum dolorum nihil nemo.

Voluptatem tempore harum qui voluptas. Temporibus totam laboriosam et ex quasi neque ipsa provident.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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...”