Lateral then Recruit for PE Immediately
Can you lateral to a better bank/different coverage group and then recruit immediately for PE? I have deal experience from my prior bank, but the platform/prestige is not as strong as the firm I just lateralled to. Or do I have to wait a year before recruiting for PE?
Example is I was covering industrials at a low BB (i.e. Wells, DB). Just lateraled to a strong industrials group (GS, JPM). Can I recruit right away for PE?
Following
This was done in the UK by someone I know. There is also a wso podcast on this guy's journey. Maybe scroll down through their podcasts and you should easily find it.
He started at SocGen worked for two years, moved to JPM as a third year analyst and started recruiting right away and joined a US MF before he completed a full year at JPM.
So the answer is, by all means go for it. This is a high attrition industry and no one cares that you left in a year. You won't be the first person to do it and not the last person either.
Quo ducimus sed ut amet in eum. Reprehenderit et fugiat dolores ducimus maxime quasi recusandae. Eveniet quae officiis eius eos quia. Nulla qui accusamus aut qui. Consequatur est error quae. Rerum et praesentium ut aut repellendus.
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...