Non–Russell Group non-targets in London PE internships

Based on the most helpful WSO content, here are some insights:

1. Non-Target to Private Equity:

   • It is possible for non-target candidates to secure internships in Private Equity (PE) firms, even if they are not from Russell Group schools. Success stories include individuals from non-target universities who have made it into PE roles through perseverance and strategic networking.

2. Previous IB Internships:

   • Having previous Investment Banking (IB) internships can significantly bolster your chances. Experience in IB is highly valued in PE recruiting, and it can help offset the non-target school background.

3. Applying to London PE Off-Cycles & Summers:

   • Applying to off-cycle and summer internships in London PE is not a waste of time. Many firms are open to diverse backgrounds, especially if you have relevant experience and can demonstrate strong performance in interviews.

4. Specific PE Firms for Non-Target Applicants:

   • While the context does not list specific PE firms, it mentions that non-target candidates have successfully landed roles at notable firms. Examples include:
     • Blackstone REPE
     • Starwood Capital Group
     • KKR

5. Diversity Programs:

   • Some paths to internships are specifically designed for underrepresented groups, such as Latinos, African Americans, and Native Americans. These programs can provide additional opportunities for non-target candidates.

In summary, while being from a non-Russell Group non-target school may present challenges, it is not an insurmountable barrier. Leveraging previous IB experience, applying strategically, and considering diversity programs can enhance your chances of securing a PE internship in London.

Sources: PE Recruiting For Non-Targets, Q&A: Non Target, 4 Years in ER to PE, How I got an summer internship at a Top firm from a "non-target" University, Advice for undergrads going into IB interested in PE, 5 Rules of Getting a Job from a Non-Target School