From Infra PE to ABF

Based on the most helpful WSO content, transitioning from MM Infra PE to Asset-Based Financing (ABF) is certainly possible, especially given your VP-level experience and strong track record. Here’s how you can approach this move:

1. Positioning Your Profile:

   • Highlight your experience in the leasing space, as it directly aligns with ABF. Emphasize deals or projects where you demonstrated expertise in structured financing, asset-backed transactions, or similar areas.
   • Showcase your autonomy and leadership in deal execution, as these are highly valued in ABF roles.
   • If applicable, underline any exposure to credit analysis, risk assessment, or structuring, as these are core skills in ABF.

2. Targeting the Right Firms:

   • Focus on firms or teams within banks, specialty finance companies, or private credit funds that have a strong ABF focus. Examples include groups specializing in equipment leasing, receivables financing, or other asset-backed lending products.
   • Consider reaching out to headhunters (HHs) who specialize in private credit or structured finance roles. They can provide insights into firms actively hiring for ABF positions.

3. Timing and Feasibility:

   • It’s not too late to make the move, especially at the VP level. Your seniority and deal experience can be an asset, as ABF roles often value professionals who can hit the ground running.
   • However, be prepared to articulate why you’re making the switch and how your Infra PE background adds value to an ABF team.

4. Networking and Outreach:

   • Leverage your existing network in the leasing and structured finance space to identify opportunities and gain referrals.
   • Attend industry events or forums related to ABF to connect with professionals in the field.

5. Additional Considerations:

   • If you lack direct ABF experience, consider taking relevant courses or certifications to bridge the gap and demonstrate your commitment to the transition.
   • Be ready to address potential concerns about your Infra PE background by framing it as complementary to ABF, particularly in terms of deal structuring and asset-focused expertise.

This move is achievable with the right positioning and strategy. Your strong performance in Infra PE and leasing experience should make you a compelling candidate for ABF roles.

Sources: PE Lateral Recruiting Advice/Stories/Help?, Q&A: Barclays IB to MM Private Equity, From Senior Associate to VP, Q&A: woman in growth equity, Q&A: Big Four Valuation Associate - Deciding Whether This Job Is Right For You