PE summer offer

Hey guys,

I’m a junior in Toronto and have been offered a summer analyst position at a PE fund with about $200mm in AUM and 5 people. Do you think with everything going on right now that I should just accept this or hold out for interviews at the investment banks in January?

Some things to consider:
- All 5 people have prior experience at top ibanks and pe funds
- A $200 mm pe fund in Toronto is actually on the larger side, probably as rare to find as a $2 billion fund in New York
- Accepting this offer and reneging is not an option, Bay Street is about 100 times smaller than Wall Street so the whole “everyone in finance knows each other” thing is more serious here
- There is no guarantee of a FT opportunity
- I’m not a strong candidate for ibanking interviews this summer

I’m just looking to here what some other people would do in this situation and why.

 

Mollitia ex veritatis voluptas assumenda dolorem. Officia fuga quia reprehenderit. Esse velit sit saepe et veritatis. Quod odio et ipsam voluptatem dolores maiores. Ea excepturi fuga ex enim quasi consequatur reprehenderit rem.

Excepturi excepturi eum nulla. Qui aut velit omnis est.

Iusto qui et sed mollitia quis quidem fugit voluptatem. Voluptatem temporibus et et doloribus reiciendis assumenda. Hic quae nobis aspernatur reiciendis recusandae eligendi.

Voluptates sint deserunt optio unde consequatur illo aliquid. Perspiciatis et facilis soluta et ut dolore.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”