How's LMM/MM PE IR looking these days?

Couple questions for you folks. For background, I'm a senior PB analyst at a BB looking to move to an IR seat within the LMM/MM PE space. How's the market looking these days? 2023 was obviously a tough fundraising year for most, and next year will likely have many of the same headwinds. Are smaller firms finding it difficult to raise capital? Has there been more activity raising from intermediaries/RIAs/UHNW space?

Secondly, how can I realistically make this move? I'm aware I don't have the most targeted background, but I have experience covering institutional-like clients and discussing private markets. Is my best bet to try and network my way into a seat? Going through HHs? Thanks all. 

1 Comments
 

Sequi quia quo placeat eligendi. Non voluptatem fugit culpa voluptatibus optio voluptas. Architecto in consequatur perferendis sed vitae aut.

Qui ipsam voluptatum maxime animi quia. Id nulla magni aut. Qui facilis veniam inventore autem dolore maxime.

Alias sit voluptates illum fugiat id accusantium est. Voluptatem consequatur accusamus qui eos nihil cum nisi. Neque culpa qui facilis et rerum culpa.

Sit sed ex in similique. Similique in suscipit repellat autem est. Enim ut veniam reprehenderit illum accusantium ut molestias.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Bain Capital 98.1%

Overall Employee Satisfaction

June 2026 Private Equity

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

Professional Growth Opportunities

June 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

June 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (98) $365
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $62
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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”