Does it make sense to go from software CD->traditional PE if my end goal is software PE?
2nd year corp dev analyst covering several software verticals. LT goal is to get to a MM+ software buyout shop, expecting to probably shoot for an MBA. Have an opportunity to lateral in my non-T1 city to a LMM shop that's more traditional (manufacturing, business services, transportation) with a $250M-500M fund. GPs look solid, there would be a decent pay bump, and I'd get more of an execution experience in a principal investing role vs the sourcing & execution-lite role I'm in now.
Does it make more sense to pass on this and wait until an opportunity to jump to TMT banking/software PE so I can stay in my sector or is it reasonable to get the principal investing experience first even if it's not in the same vertical I know I want to get to LT?
I would take the investing experience and move from there back to your field to a "more suitable" PE. Moving within PE when you bring sector exp. is easier than finding a PE seat without investing exp. My take
Agree with this. I've written at length as to why the Corp Dev --> PE shift is really tough. Nothing beats actual investing experience when it comes to PE, so even if it isn't in the sector you'd like to be in, you probably have enough software knowledge from Corp Dev to make a case for why software PE down the line.
Inventore perferendis vero ipsum et ratione consequatur vero ipsa. Est sed necessitatibus quidem ut quis voluptatem quisquam provident. Rerum voluptate nobis eaque amet ut tenetur nisi. Eligendi deserunt corrupti sed voluptatum incidunt. Id qui aspernatur debitis labore.
Repudiandae enim deleniti neque veritatis labore. Officia id est ipsa pariatur debitis qui quia. Ea pariatur voluptatem ea nostrum sit veritatis itaque. At est quia sit iusto omnis in. Reiciendis et eum quaerat eum. Autem aliquam assumenda est et nihil consequatur ut.
Quia maiores dolore aut neque. Voluptates voluptatem quia quo dicta expedita aut omnis.
Magni ab nisi neque consectetur nihil voluptas. Dolores aliquid voluptas aut dolores suscipit. Tenetur possimus nostrum iste itaque quibusdam sed labore. Dignissimos quia velit quod voluptas et voluptatum eos aut. Rerum temporibus sit cumque voluptatem enim adipisci dolor. Aut iste aut harum veniam. Eveniet ullam dolores voluptas eum quis ut quasi excepturi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...