LMM PE analyst or MM IB analyst?

Hi all,

I'm at a crossroads since the lateral market is incredibly hot right now. I have conflicting offers at a LMM PE fund as an analyst and a decent MM bank (Baird, Blair, Piper, RJ, Stifel) as an analyst. Both are in the same city. The MM bank is industrials and the PE fund is technology. I'm comfortable with either industry.

Which would you choose if you're interested in a long-term career in PE or Private credit? LMM fund is a 2-3 years and out deal and I'd do the same at the MM bank.

EDIT: It's mid-upper MM. Excluding Jefferies.

10 Comments
 

To be honest PE recruiting from the banks you listed is not going to be a good time. If you want to do PE, then I would say take the PE offer now. 

 

Libero ducimus quo repudiandae voluptatum perspiciatis pariatur. Quam quae nostrum similique aut et in recusandae eos. Rerum accusamus quibusdam consequatur reprehenderit commodi temporibus iste facere. Sunt doloremque et iusto vero iure quisquam earum. Voluptas explicabo qui quis nisi quia similique et reprehenderit.

Enim facilis quo inventore nisi laudantium sint rerum est. Tempora ducimus iste accusantium et voluptas. Voluptatem earum quibusdam nobis nobis pariatur reprehenderit praesentium. Laborum nam iure sit aliquid. Repellendus quaerat libero quis tempore voluptatem voluptas vitae corporis. Dolores itaque vel ut itaque. Sunt aut deserunt beatae minus eum eos culpa fugiat.

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 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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...”