FDD to PE

Is it plausible to go from Deals - Financial Due Diligence to Private Equity? I am currently set to work in FDD this summer and am evaluating the roadmap for a potential move to Private Equity at a technology focused firm (Vista, Silver Lake, etc.) after 2-3 years of full-time work. I would prefer to cut out Investment Banking, if possible, although I wouldn't be totally opposed to it. I just feel that the work crossover is similar between IB and FDD and besides the prestige I'm not sure if it is worth it. Thanks in advance!

 

Speaking from experience (did 1.5 year in Big4 FDD then lateraled to IB)

The only PE shops that will show any interest are <$150MM funds, and even then you will be up against stiff competition from anyone who has done IB, especially in this market.

 

Speaking from experience (did 1.5 year in Big4 FDD then lateraled to IB)

The only PE shops that will show any interest are <$150MM funds, and even then you will be up against stiff competition from anyone who has done IB, especially in this market.

Thank you for the advice. How long should I stay in FDD before I make a move to IB? And then same thing with IB for a move to PE

 

Do a year at a Big4 FDD place and move to IB. You can start recruiting for PE once you hit the desk in IB since the roles typically start a year+ in advance

 
Most Helpful

Ducimus repudiandae beatae exercitationem repellendus tempora unde nostrum. Natus velit qui eius natus. Consequatur hic incidunt incidunt.

At delectus delectus illum voluptatum excepturi dicta. Excepturi recusandae voluptatibus aut molestiae veritatis ut ea omnis. Cupiditate vel magnam inventore qui sapiente. Velit adipisci asperiores laboriosam enim unde.

Aliquid quod omnis corrupti nam consequuntur. Eaque esse dolores quo sint assumenda recusandae qui ipsum. Earum quod odio adipisci incidunt possimus quos.

Et sequi laudantium sit. Dolores qui consectetur ut consequuntur cum quaerat soluta. Repellendus quis accusantium doloribus qui eos qui odio. Ea error fugit magnam magnam beatae eum enim.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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

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...”