Senior Banker vs. PE - Difference?
Could someone lay out the main differences between senior bankers (VP+) and PE VP's? I know that bankers have to be good salesmen and play politics well, but how much of that carries on to senior level at PE firms?
Could someone lay out the main differences between senior bankers (VP+) and PE VP's? I know that bankers have to be good salesmen and play politics well, but how much of that carries on to senior level at PE firms?
| +229 | Should My Intern Get a Return Offer? | 58 | 2d |
| +96 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 15 | 1h |
| +78 | Incompetent and annoying co-intern | 23 | 16h |
| +67 | Getting Laid in IB? | 28 | 2d |
| +66 | Intern keeps sleeping at work - what to tell them | 28 | 19h |
| +55 | Living in greenwich as an analyst? | 12 | 16h |
| +42 | NYC Associate Budget | 14 | 20h |
| +36 | Nauseous every morning for past 3 years in IB, anyone else? | 21 | 1d |
| +35 | Quick Thoughts on CVC AI Sale Process | 7 | 22h |
| +29 | Going out / social schedule as AN1 | 14 | 3d |
Career Resources
PE VPs since they are on the buy side work very closely with management of companies they control.
Depends on the shop. If you are talking about a larger PE shop (talking large MM group - think Platinum Equity, HIG, etc.) there are plenty of MDs to drum up deal flow, so VP will be more focused on the execution and working with existing portfolio companies.
If it's a smaller shop, the VP may be more involved in sourcing potential investments and BD activities (fuckers call me all the time and I'm still an Associate).
Thinking about it, you'll realize there aren't much differences between VP @ PE and IB from an external/internal workload comparison. What really drives it is the size of the shop.
So, a smaller IB group needs that VP to be more active in the community, trying to drum up deal flow for the firm and find opportunities to pitch. If there are many MDs, he'll be more in charge of leading the day-to-day aspects of the M&A process (i.e. driving the deal).
PE VP's call you all the time?
So at a smaller PE firms (~1B firm) are do VP's need to be good salesmen then, just like senior bankers? Just wondering because I'm not sure that I fit the mold of a super outgoing, highly outspoken, aggressive salesman.
Aperiam sed voluptas mollitia sapiente optio voluptatem. Architecto laborum accusamus magni ut ut facere. Incidunt veritatis quaerat repudiandae illo et beatae. Modi nemo ea ratione voluptas nulla. Atque earum quae adipisci similique. Quidem maxime magni ad occaecati. Quaerat repudiandae quidem quasi et aperiam laborum.
Aut in ut voluptas non a iusto reiciendis. Repellat quia dolores ipsam sit itaque consequuntur. Porro esse sit aspernatur consectetur. Accusamus rerum illum sint cumque.
Velit soluta eos consectetur illum nihil sint. Quam qui eum sint ut maiores. Magnam repellendus perferendis doloremque cumque eveniet dolores. Ut officia quia eos possimus harum voluptatem quidem.
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...