On cycle 2025 has started
Interviews out for a very well known UMM fund. Wondering if any other places are rolling out interviews
Trending Content - Investment Banking Forum
| +162 | Return Rates For Interns Are Falling? | 49 | 1h |
| +129 | UBS Americas IB: The Kids’ Table of Wall Street | 16 | 12h |
| +90 | I am a drunk MD AMA | 36 | 8h |
| +74 | London IB BB is a challenge | 41 | 8h |
| +62 | VP Lifestyle at Top BB Coverage Groups | 39 | 18h |
| +56 | An Outsider’s View of RX Banking Out of College | 6 | 1d |
| +48 | SharePoint makes IB hours HELL | 15 | 2d |
| +44 | KISSED MY VP… HELP!!! | 10 | 3h |
| +42 | momentum of Rx groups | 16 | 2h |
| +39 | Fired during interview | 8 | 1d |
Career Resources
Based on the most helpful WSO content, the 2025 on-cycle recruiting process has already seen interviews being rolled out by a prominent UMM fund. Historically, once one major fund begins, others tend to follow quickly. Here’s what you should keep in mind:
UMM and MF Funds: Top-tier UMM and MF funds often kick off the process in waves. If one fund has started, it’s likely others are either in the process of scheduling interviews or will begin soon. Keep an eye on funds like Warburg Pincus, Blackstone, KKR, and Bain Capital, as they are frequently among the early movers.
Off-Cycle Opportunities: While on-cycle recruiting is fast-paced, some funds may hold back spots for off-cycle recruitment. This is especially true for funds that are more selective or have specific hiring needs.
Preparation: Ensure you’re ready for interviews at a moment’s notice. The timeline for on-cycle recruiting is notoriously compressed, and interviews can happen within days of being notified.
Networking: Leverage your network to get insights into which funds are actively rolling out interviews. Alumni or current associates at these funds can provide valuable intel.
If you’re targeting UMM or MF funds, now is the time to be fully prepared. Brush up on your technicals, behavioral responses, and deal experience to ensure you’re ready to perform under pressure.
Sources: 2025 PE Recruiting (Post On-Cycle), https://www.wallstreetoasis.com/forum/private-equity/a-guide-on-how-to-navigate-on-cycle-pe-recruiting?customgpt=1, PE Recruiting Guide, Random Musings on the HF Interview Process, Random Musings on the HF Interview Process
Vitae expedita sit consequatur quo qui maiores. Impedit placeat et autem nihil aut rerum. Molestias voluptatem sapiente pariatur sit corporis sapiente et impedit.
Doloremque et quis ut itaque assumenda nobis et est. Veritatis molestias doloribus aliquid. Sapiente hic recusandae illo nihil. Non delectus libero eveniet ut minus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...