Debating next career move

Based on the most helpful WSO content, here are some insights and advice for your situation:

Current Position:

• Leading Corp Dev & Strategy: You have significant experience leading a corporate development and strategy team for a small public company with $400 million in revenue.
• Deal Experience: You've completed a couple of minority investments and are on the verge of closing a $100 million deal.
• Previous Experience: You have a background in M&A at a bulge bracket (BB) bank, where you left as a senior associate.

Career Goals:

• Interest in PE or GE: You want to transition into Private Equity (PE) or Growth Equity (GE).
• Industry Limitation: Your current industry has limited private capital interest, primarily at the early (VC) stage.

Options to Consider:

1. Push for PE Now:

   • Pros:
     • Leverage your current deal experience and leadership role.
     • Highlight your ability to close significant deals and manage investments.
   • Cons:
     • Limited private capital interest in your current industry might make it challenging to find suitable PE opportunities.

2. Return to Banking as a VP:

   • Pros:
     • Broaden your industry scope, potentially moving into a more PE-attractive sector like media.
     • Gain additional experience and a stronger brand name on your resume.
     • Increase your network and professional background, making you a more competitive candidate for PE roles in the future.
   • Cons:
     • Requires a step back into banking, which may not align with your long-term goals if you prefer to stay in corporate development or strategy.

Recommendations:

• Evaluate Industry Interest: Research and network to understand the demand for PE professionals in your desired sectors. If media or another industry has more PE interest, consider transitioning to that sector.
• Leverage Current Role: If you decide to push for PE now, emphasize your leadership and deal experience. Network with PE firms that have an interest in your industry or similar sectors.
• Consider MBA: An MBA could provide additional networking opportunities and a pathway to transition into PE or GE, especially if you target programs with strong finance and PE connections.

Final Thoughts:

• Short-Term vs. Long-Term Goals: Weigh the benefits of immediate action versus a strategic move back to banking. Your decision should align with your long-term career aspirations and the feasibility of achieving them through each path.

Feel free to ask for more specific advice or share additional details about your situation!

Sources: What is the point of doing private equity if you will be pushed out after two years to get an MBA?, From Private Equity Associate to VP in Private Equity, Banking -> PE -> Banking (Updated views?), Advice for a Banker Who Kind of Hates It, https://www.wallstreetoasis.com/forum/private-equity/then-and-now-compbanker?customgpt=1