PE recruiting as a 3rd year analyst or associate promote

Was wondering about PE recruiting opportunities if one decides to go the 3rd year analyst route or after being directly promoted to associate. Everyone talks about formal PE recruiting a couple months into the job, so is it more about networking/connections over headhunters at that point?

Will be going to a mid-tier BB for next summer (Citi/BAML/CS) and was wondering about rotating groups or locations internationally for a 3rd year. Also considering associate promotion. Just curious to hear from others who have gone through this process.

 

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