I've been looking a lot into different paths after graduation and wanted to get a better insight into a career in Investor Relations. I know it's not as financially attractive as being on the deal side of PE, but that doesn't matter that much to me.
Anyone knows what the hours, pay, career progression, and nature of the work in IR is like?
Thanks!
My roommate just accepted an offer as an IR associate at a very large fund. He noted that they only hire Associates with 1-2 years of experience, unsure if this is standard/if you can get a role directly out of undergrad - I guess network and find out.
The role comped much better than I thought. Low 6 figures with decent bonus. ~60 hrs of work a week. IR work can vary heavily depending if you're a sales person meeting with prospective LPs or the analytics/diligence folks.
Happy to answer any specific questions you have!
Thanks for your response. What did he do before getting the offer, and if you know what's a common background for IR associates? Is commercial banking a viable path?
From what I hear it is quite an interesting role, there are some IR roles in MF PE where you sit with the deal teams to really understand the deals. That way you can better handle the questions that LPs have.
Comp is still good and there is still some carry allocation from what I understand. A stressful period is likely to be when your fund is raising a new fund.
Dolor accusamus est id quia ut qui. Eos similique tenetur et qui illum. In distinctio quidem iste. Numquam natus occaecati reiciendis non. Soluta quia unde possimus ipsum.
Adipisci minima reprehenderit cumque nesciunt soluta nemo. Cum non rerum quibusdam repellat. A distinctio ut autem harum odit excepturi. Tempora corporis ut consequatur saepe ut est. Velit nam doloremque et minus. Facilis facere numquam nemo.
Maiores ullam id quisquam non est magni voluptas. Aut cum ullam ipsum inventore quia. Omnis illum et culpa consequatur eos harum sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...