Am I fucked?

Incoming An1 at a mid-BB (Barc, Citi, BofA) in the REGL group. Realized I want to do corporate PE and not REPE

Is it possible for me to get a UMM offer for corporate PE? Should I lateral to a more general group? 

2 Comments
 

Based on the WSO Dataset, transitioning from a specialized group like REGL at a mid-BB to a UMM PE firm focused on corporate PE can be challenging but not impossible. Here are some strategies you might consider:

  1. Networking: Start building connections within the industry. Reach out to alumni, use LinkedIn, and attend industry events. Networking can often lead to opportunities that aren't advertised publicly.

  2. Lateral Move within IB: If possible, try to lateral to a more generalist role within your current bank or another institution. A position in M&A, for instance, would give you broader exposure and make your profile more attractive to corporate PE firms.

  3. Skill Enhancement: Continue to hone your financial modeling and valuation skills. Consider enrolling in courses that enhance your understanding of corporate finance and private equity.

  4. Recruiters and Headhunters: Get in touch with recruiters who specialize in private equity placements. They can provide valuable insights and help you navigate the recruitment landscape for PE roles.

  5. Consider Smaller Funds: While UMM PE firms are highly competitive, don't overlook opportunities at smaller or emerging funds where you might get more hands-on experience and responsibility.

Remember, each move should be strategic and align with your long-term career goals.

Sources: Not in the better groups. Advice on whether or not to lateral into a better group for PE recruiting?, https://www.wallstreetoasis.com/forum/private-equity/just-broke-into-ib-as-a-lateral-how-do-plan-my-move-to-pe?customgpt=1, PE Lateral Recruiting Advice/Stories/Help?, Capital Markets Analyst Trying to Lateral--Advice?, MM/UMM PE Analyst Exits

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Aut aut perspiciatis et suscipit quia aut alias ullam. Soluta ut eveniet non qui quam. Corporis nostrum reprehenderit ipsum eum laudantium veritatis aperiam.

Aliquam quo autem fugiat perferendis culpa mollitia amet. Est ut est ducimus fugiat cum corrupti. Rerum quam error et quo amet.

Eum ad facere cumque quis. Magni qui consectetur omnis veritatis. Nesciunt qui ad cum.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”