How much does prestige really matter outside of top MF/UMM groups for PE recruiting?
Hi all, does the prestige of your IB group really matter as much as people act like it does for PE recruiting (excluding MF/UMM)? For reference, I work at a smaller IB that is definitely not “prestigious” and our 2 most recent analysts to exit went to Carlyle (secondaries) and Norwest, both of which I would imagine are quite competitive processes. Our group gives incredible deal exposure from day 1, so thinking that may play a role in our placements, but very confused as I have seen people on WSO telling others from IB groups that are far more “prestigious” than mine that they won’t really have a shot at decent funds, and yet our placement has been quite strong.
Does it really matter ? Anything is kind of possible … figure out what YOU want and relentlessly pursue it , regardless of how likely it is or not to materialize
Totally agree, started this thread kore out of curiosity - I am not pursuing any of these “top” roles anyways as I am prioritizing location first and those roles aren’t even an option in my city (Dallas).
Carlyle secondaries is not a competitive process
Gotcha, assumed even if it was secondaries that it would have been more competitive than a weaker UMM role / stronger MM role because it was Carlyle.
Regardless, my point still stands above and this didn’t necessarily help answer the question whatsoever.
MM PE > Carlyle Secondaries
Edit: In fact, decent LMM PE > Carlyle Secondaries
Gotcha, thanks. Still doesn’t answer the main question of the thread but appreciate you clarifying.
To answer your question, I’m at an UMM and have a couple coworkers here from William Blair, which is a decent boutique but certainly not “prestigious” compared to EB/BBs.
Why is that the case
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