Mar 04, 2013

Pigeon-Holed into Energy? Moving from Energy to Generalist or another industry buyside?

I will be working FT at BB's energy group and was wondering if I would be able to join a generalist PE/HF later on or do corp. dev at a non-energy firm? I am interested in energy right now and it seems like a field I'd like to make a career in but I'd like to have the optionality.

Has anyone here moved from energy into a generalist area after an analyst stint? Is there anything to look for or specific to do come buyside recruiting?

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6 Comments

PoissonProcess

13y

Also interested in this. (is there a way to "follow" without posting?)

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BicBicBicBoi

13y

Same, going to healthcare group at BB and want to move to generalist PE after

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porkbellies

13y

Been threads about this before. It's difficult, but not impossible. Heard of a kid from a BB energy group with an offer at TPG in SF, not sure if he's doing energy there or not.

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Authored by: Certified Real Estate Professional - Vice PresidentCertified Real Estate Pro

BicBicBicBoi

13y

So for generalist PE is is best to do a product group?

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Consumer Products Definition

Winning Squared

13y

I will be in Energy IB this summer as well. From what I've heard. both on this site and from other people I've spoken to, it's not impossible to transition into a more generalist role after a stint in energy. I know quite a few people at CS have done it and in the end banking is banking. That said, the vast majority of options will be at Energy PE funds. The terminology, valuation, and company structures (MLPs) you deal with, all lead to being a better fit staying in Energy.

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IPO Process Steps

rufiolove

13y

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Pigeon-Holed into Energy? Moving from Energy to Generalist or another industry buyside?

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Pigeon-Holed into Energy? Moving from Energy to Generalist or another industry buyside?

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