Getting into Infrastructure PE

Hi all,

I’m an incoming analyst working in IB next year, and I’ve recently become really interested in doing Infra PE. However, I’d imagine my coverage group (FIG) is not super well positioned for exits into the space. If infra PE is my next goal, should I try lateraling into a different IB group like energy/infra coverage? Is it possible to break into the space without an energy/infra background? 

2 Comments
 
Most Helpful

I know someone personally who exited from FIG IB to Infra PE so it's not impossible. The modelling skills you'll pick up in FIG are distinct from other industries as you probably already know, but not entirely dissimilar from infrastructure. If you made the transition you'd have to have a solid story and probably have to do some reading beforehand as you'll be behind the curve from an industry knowledge standpoint relative to an infra banker. Given how accelerated on-cycle recruiting is, you may not be able to lateral into a more relevant coverage group if that's the route you want to go down.

 

A id voluptas perferendis tenetur cupiditate dolores consequatur rerum. Eum neque dolorem dolorum quas fuga sint facilis. Est quas maiores voluptatibus provident molestiae aut. Molestias sint vitae laboriosam nostrum qui. Sunt magni totam rerum delectus magnam est veniam.

Career Advancement Opportunities

May 2026 Private Equity

  • The Riverside Company 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • Blackstone Group 98.9%
  • Warburg Pincus 98.5%
  • Bain Capital 98.1%

Overall Employee Satisfaction

May 2026 Private Equity

  • KKR (Kohlberg Kravis Roberts) 99.6%
  • The Riverside Company 99.2%
  • Ardian 98.9%
  • Blackstone Group 98.5%
  • Starwood Capital Group 98.1%

Professional Growth Opportunities

May 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.2%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

May 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (97) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (234) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (95) $134
  • 1st Year Analyst (271) $124
  • Intern/Summer Associate (37) $80
  • Intern/Summer Analyst (351) $61
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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
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...”