Accepting an offer and then backing out for a better one

I accepted a PE offer but then received a better one from another fund. Can I back out before joining and take the second offer? How does it work? What are the risk?

530 WSO Academy Private Equity Session Reviews: 4.82/5

Saint Joseph's University

Class of '10 Oct 2026 Cohort

5.00/5

Private Equity 7 Stories Review

“Very helpful. Practical tips and actionable feedback. Will schedule follow up sessions with him in the upcoming weeks”

Pontifical Catholic University of Peru

Class of '18 Nov 2026 Cohort

4.56/5

Private Equity Mock Coffee Chat

“Jorge was very practical and generous with his time. He gave me a clear action plan: tighten my elevator pitch to under 2 min, do a weekly modelling case study, and prep technicals, market questions and behaviourals. His networking advice (always ask each contact for 1-2 more names, track fund closes to spot hiring windows, a list of London infra headhunters) was very actionable. He also referred me internally to Nuveen within a week. Only point to improve: I’m still waiting for his feedback on the case studies I sent.”

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Accepting an offer and then backing out for a better one

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Accepting an offer and then backing out for a better one

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