MF/UMMs with 2025 Spots Remaining

Based on the most helpful WSO content, here are some insights regarding off-cycle PE recruiting for rising 2nd-year analysts:

1. Availability of Spots for 2025 PE Roles:

   • It is true that many firms have under-hired for the 2025 associate class compared to previous years. This under-hiring trend means that some firms may look to fill remaining spots over the coming year, depending on market conditions and fundraising.

2. MF/UMM Firms Historically Hiring Closer to the 2nd Year:

   • Firms that are more consultant-friendly and have a mix of bankers and consultants, such as H&F and Bain Capital, may have a more flexible hiring timeline and could potentially wait closer to the 2nd year to hire.
   • Firms that are very consultant-friendly, like Sycamore and Golden Gate, might also have a more extended hiring timeline.

3. Firms Yet to Hire for 2025:

   • Specific firms that have yet to hire for 2025 were not explicitly mentioned in the context provided. However, given the trend of under-hiring, it is likely that several firms across different buckets (from rarely touching consultants to very consultant-friendly) may still have open positions.

For more detailed and up-to-date information, it would be beneficial to network with alumni and peers, as well as keep an eye on recruitment updates from headhunters and firm announcements.

Sources: Q&A: 2nd year BA/A/AC at MBB going to UMM/MF in 2020, Q&A 2.0: 3rd Year BA/A/AC At MBB Going To UMM/MF This Summer, Q&A: 2nd year BA/A/AC at MBB going to UMM/MF in 2020