Moving from Capital Markets to Corp Finance

Just a quick question for those working on the Corporate Finance/PE side of the business. I was working in FX Corporate Sales for about 3 years but unfortunately was let go. My question is, how hard is it to move over to a job in a Corp Fin/PE role. Obviously i would not be the typical candidate given my practical experience is not with transaction based modeling but im pretty confident i could pick up on that fairly quick. Any advice/input would be appreciated

 
Best Response

i assume ur referencing to banking when saying corp fin. depends i guess, An associate/sr. analyst role with boutiques (assuming you have your Series 7 & 63), could be possible. I know analysts who have worked in capital markets (primarily marketing IPOs and follow ons) move to fund of funds/co-investment/traditional PE. They are some cold-calling PE firms that you could make a strong case for assuming you have good sales skills and a rolodex.

of course this was all in a good market. There are plenty of boutiques where the modeling is not really necessary, its pretty much using CapIQ to build comps. Maybe a DCF. I've heard there have been plenty of PIPEs and rights offerings occuring that are primarily all a capital markets/sales process.

I don't think moving into a corp fin/PE role is going to be easy since there are many just as or overqualified people out there looking for work. Not that it was easy to begin with, it is possible though.


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