Does it matter what city I begin investment banking?
Currently I am looking to get into an EB but it is not located in New York, does this matter for exit opps into PE mega funds?
Trending Content - Private Equity Forum
| +43 | Lateraling at senior associate / VP level | 15 | 21h |
| +28 | Imposter Syndrome: PE to Publics | 4 | 4d |
| +26 | Ares buying LGP...now what? | 8 | 3d |
| +20 | Dumb guys in LMM PE making more than IB? | 11 | 1h |
| +19 | Do PE VPs Always Have An Associate Under Them? | 12 | 2d |
| +18 | GTCR vs BDT MSD vs MDP | 16 | 2d |
| +17 | Hours at MF Infra Funds in London | 2 | 1d |
| +14 | Committing to CD&R? | 9 | 4h |
| +14 | Setting the right LBO entry multiple without information | 3 | 6d |
| MBA to EM Infra Investing? | 3 | 4d |
Career Resources
Hey 305tillidie, I'm the WSO Monkey Bot...do any of these help:
More suggestions...
You're welcome.
Depends on what you want to do. Plus these days there are many virtual options. But again it all depends.
It shouldn't matter. If you have a logical story on why you want to work at a specific fund or city you will be fine. If you have no ties to NYC and are trying to work there for PE then it's going to be harder to sell your story if you don't have ties to the area. If you do have ties to the area then you will have to sell them on that.
Depends on what city and group. Houston is tough to recruit out of, there's a real stigma in generalist PE against the oil and gas groups - MF PE is basically unheard of unless you're working in one of their few remaining energy groups, even generalist MM/UMM in NYC is a challenge. SF isn't too difficult since TMT/comms are attractive groups. Chicago is a toss-up and dependent on what group. Plus there are logistical challenges - future on cycle will likely be in person, so you'd have to fly there from your regional city the second you hear about it, likely missing some interviews
Generally if you are set on MF PE I'd recommend NYC. But if you have no better options, can always lateral after a year.
Incidunt vel cum quisquam aut ipsa nam iure. Pariatur fugit consectetur quia cupiditate fugit ex eaque rerum. Est eligendi accusantium et itaque voluptas excepturi quo. Qui amet rerum animi voluptatibus voluptatem. Dolores aliquam quaerat eos consequatur nobis.
Impedit minus id quia a. Laborum atque placeat quaerat quisquam culpa quos et hic. Reprehenderit beatae nam possimus aut voluptatem. Repellat asperiores dolores occaecati dolorem repudiandae ea totam voluptas.
Animi consequuntur eos quia magnam tempore dicta. Quae expedita voluptas asperiores quo dolorem velit autem. Illo dicta eligendi consequatur cum unde harum eaque ipsam.
Magni est dolores delectus quo asperiores et eos eos. Id incidunt voluptatem fugiat eligendi in quo. Aut reprehenderit maiores aut nam aspernatur. Quam quos nulla qui nobis fuga.
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...