Leveraging non-IBD alumn?

How should I approach this? I have a couple of strong contacts in BBs (MS, ML, JPM) but unfortunately they work in AM. The last one is operations so should I cross that one out?



MS Director: primary responsibilities include sourcing, evaluating and monitoring multi-strategy hedge fund managers that participate in event driven and relative value strategies; responsible for manager selection and due diligence for Morgan Stanley's third-party fund of fund offering.

ML VP: Global Risk Management with a focus on Credit Risk.

JPM Investment Operation Supervisor: Responsible for the Collateral Management of the Henderson Funds administered by J.P. Morgan; Involved in Middle office operations such as trade capture, pricing, collateral, security set up and maintenance

*note I am interested in PE/HF exit opps in the future

 

I'd reach out to them, explain that you're interested in IBD (assuming that you are), and see if they can put you in contact with anyone who might be useful. Include the typical small-talk bullshit so it doesn't seem like you're just using them to get into IBD, even if that's what you are doing.

 
Best Response

I'm shooting for a SA 2011 position so I have a bit of time. I was thinking of breaking up the 'relationship' in 2 stages.

1. Winter: Ask about how he broke into the industry, what he does, any tips he has for an undergrad, tell him I'm keeping my options open and that I'm testing the waters with my current internship.
  1. Summer: Let him know how my internship is doing then tell him that I'm interested in IBD and ask for referrals.

*note I am starting an internship at a small PE firm, but I won't get any training on modeling. Its going to be mostly deal sourcing, drafting proposals, and just general support.

I would like to get a more rounded resume before I start applying for SA positions and I wouldn't mind taking some type of internship in their respective divisions assuming there is an opportunity.

 

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