Non-target who broke into a top group in the middle market (Jefferies, Blair, Houlihan). Had 3 boutique banking internships prior to entering the middle market bank with a 3.9 GPA in the non-target business undergrad. Do I stand a chance to breaking into UMM PE or is that out of the cards?
| +267 | Why UBS Is the Worst Place to Start Your IB Career | 40 | 1d |
| +219 | UBS 2nd Year Analyst Q&A (2026) | 41 | 21h |
| +100 | What's your craziest "hardo" story? | 16 | 1d |
| +59 | UBS IB 26Q2 a Disaster! Advisory Revenue Down 23%, Capital MarketsDown 5% | 9 | 18m |
| +53 | Wolf of Wall Street vs. Reality: Anyone else feel scammed by the movies? | 19 | 10h |
| +50 | Suspended for a Year | 21 | 15h |
| +49 | Elite Boutique interview questions | 17 | 2d |
| +36 | so confused about 28 SA timeline | 31 | 6h |
| +32 | Rate my non-target resume | 18 | 20m |
| +27 | [WSO MODS] Please Delete This BS Host Books Spam! | 2 | 4h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
following. lots of conflicting advice on here about how top MM players actually place. some people say good shot at UMM some people make it sound like you only have a chance at LMM.
How do you define LMM in terms of last fund raised?
Bump
It's going to be highly group dependent. Groups like JEF HC/LevFin/Energy can regularly place into MF. Other groups there will give you little to nothing. Houlihan RX is already self-explanatory there. Not too sure on Blair pretty sure they just have M&A and have heard conflicting things on whether they support recruiting or not.
Jefferies Energy is best on the street, place very well into MF. Jefferies HC and Lev Fin rarely* send kids to MFs but it has happened (these two groups definitely do not regularly* place into MFs).
Can confirm this (recruited at 2/3 groups mentioned), tho the future of JEF Energy is unclear
Look at Linkedin
Anyone else think it’s cringe when people say “broke in”?
Yes
UMM is certainly possible. Shouldn't be an expectation, but definitely not a huge shot in the dark like MF.
Reprehenderit eligendi vel ducimus maxime sunt est accusantium. Placeat non aut ab beatae. Qui maiores dolorum facilis rerum praesentium nam voluptas. Itaque tempora dolorem delectus eveniet ratione. Ea amet totam dolore eligendi quisquam. Error magni cum ipsam sed. Saepe dicta soluta adipisci itaque sit.
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...