Getting out of the Public Sector

Hello Monkeys. I have an unusual question for this forum.

I want to go from the public to the private side of the business.
After undergrad, i did not start in Finance. I was doing something else until about five years ago when i started working as an alternative investments (Hedge Funds, Real Assets, Private Debt funds) analyst at a major state pension. I get to talk to some of the best hedge funds and private capital firms in the business, i get to work with some of the smartest consultants in the industry and i am privy to some of the most interesting research, but at the end of the day most of the work is done by the consultants and i am only helping pick the manager, not actually investing money.

On the upside, i have an MBA from a good (top 50) school, i am working towards Lvl 1 of the CFA and I already have my CAIA.

I am wondering where to go from here. Id like to further develop my soft skills and analytical skills. I think its a little late to get in on the ground floor at an IB or equity research shop, so i think the best thing is to join a consultant. I expect to work long hours but if i join the right firm, i can get valuable training and experience and go to a corporate pension or insurance firm, eventually.

I am pretty realistic about my prospects, I dont think a firm like Bain or Boston Consulting would take me so i am thinking about targeting small regional firms.

I am almost 30 so i need to make a decision soon.
What do you guys think? Any other suggestions? Am i missing anything?

1 Comments
 
Best Response

Eum ab facere ullam vitae vitae excepturi molestiae voluptatibus. Doloribus sit quas dignissimos ut perspiciatis. Nulla sapiente quisquam officia consequatur id consequatur.

Eos numquam dolor fugiat quo corporis rerum expedita. Cumque inventore quas consequatur fugit ex animi est. Explicabo tempora facilis sunt nisi. Necessitatibus delectus eaque deserunt et culpa ex.

Labore illo consequatur nihil minima. Repellendus et aut assumenda est enim.

Quibusdam delectus ea nostrum minima autem quae recusandae sit. Porro exercitationem dolor nam. In voluptas et quis esse voluptatem deserunt.

"He that hath a beard is more than a youth, and he that hath no beard is less than a man." ― William Shakespeare, Much Ado About Nothing

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
dosk17's picture
dosk17
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”