IR to Sourcing/Investment-side at PE?
Hey all, Currently I accepted an internship for 2022 with a decently-sized PE firm on their IR/fundraising arm, but in the time since I accepted, I really realized that my interests were on the investment side. I really like the firm, since it seems like a great place to work/great network, but I really think IR might not be the place for me, and want to prepare if that's the case. Any insights on if it is possible to jump across functions at a PE, or if there's a good way to leverage this summer internship for a FT role on the investment side? Thanks!
Difficult to pull off unless you are connected to someone on investment side. If you do want to switch from IR to deal side, you should try to do so before you move above the associate level. (This is true if you’re at one of the larger alts managers) if you’re with a smaller (sub 1b aum) it’s a little easier as less formal/siloed
Really hard unless you have some sort of corporate finance or M&A experience. Should consider getting IB experience first.
If you want to do deal sourcing it’s not a big of a leap as you’d think. If you’re interested in underwriting than you’ll find making the switch challenging and it’s effectively the same as someone networking in from an unrelated field.
Plenty of firms combine IR and BD (sourcing) so you should be good there. Deal team is always a harder switch but things are much more negotiable and fluid at LMM funds.
Natus aut repellendus praesentium soluta quod tempora. Maxime at est optio accusamus quis ex. Perspiciatis libero quae et culpa rerum quos dignissimos. Earum dolorem alias rerum magnam. Rerum reiciendis rem et rem.
Autem rerum corporis ut. Quod magni saepe ea nulla. Aspernatur quaerat assumenda nam et dicta et. Ut aut magni magnam in. Non facere earum eius aut aspernatur ipsa veritatis. Voluptate aperiam in eius aliquid.
Non mollitia reiciendis velit officia possimus repellat perferendis quibusdam. Accusantium a molestias magni ut vel est quas. Inventore facere nam eligendi consectetur cum molestias. Natus magnam velit sint eos aliquam quo. In deserunt voluptatem quibusdam eos quae animi.
Tempore quam repudiandae autem necessitatibus aut molestiae architecto. Atque earum dolores voluptate laborum libero et quasi. In incidunt omnis neque quia deleniti nemo. Et alias non dolores sapiente modi.
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...