Hard to lateral PEs?

Nontarget here. I have been heavily recruiting NY investment banks with the hopes of 2 years and out to PE. I know that there has been a change to PE firms recruiting out of undergrad, but is that risky. As a nontarget, I feel like if I want to end up at a decent PE firm, doing ibanking is a great way to get those looks.

If I did theoretically go to a lesser known PE firm, would that experience be looked upon as more or less favorably on my resume than a 2 year analyst stint?

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