PCA to Coverage

Ignore title. Currently a second year analyst in the PCA group at an EB interested in lateralling to traditional coverage group. Has anyone done this before and how hard is it? Did summer at a BB coverage but recruited full-time into PCA thinking it would be very interesting and now want to switch. Still like the work I do but feel that having a few years of traditional banking experience would be helpful. 

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Would appreciate your insights on PCA, what’s it like. Currently at a big 3 rating agency within the private capital space, quite particularly the secondaries market. Looking to make a lateral soon as it’s the most relevant to my work here with funds and fund dynamics.

 

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