Joining PE in early 30s - can it be done?
Life worked out in a weird way and I'm looking to get a dual degree with a good MBA (that's the hope at least) in the next few years, with an expected age of graduation around 32 or so. I'm specifically targeting Infra PE firms (independents, pensions, MFs, etc.), and am trying to lateral into a project finance role currently with the federal government (think DFC, DOE, DOT, etc.), giving me a somewhat unconventional background, but with an inside look at how some loan programs are administered that institutional investors use. Have previous experience in the NNN RE space and other credit background. So here goes:
- With that kind of background (not mentioning other things like prior grades/leadership roles/etc.), would adcoms at the 10-25th top bschools look at that favorably?
- Assuming getting into a semi-reputable program, how are my chances of breaking into infra PE?
bump
I like how OP posted this anonymously but the bot shows his username.
dammit
WallStreetOasis.com , found another bug
WallStreetOasis.com This is kinda like back when you get get the username on salary info / reviews lol
bump
The positive is that there's a lot of similarities in valuation framework and due diligence when it comes to the buy- and sell- side so there are often many bankers who make the jump later in their careers (at the VP level, even). In that sense, I think infra PE is a bit more lenient toward unconventional backgrounds.
However, I know of a few post-MBA bankers who are having difficulty making the transition. I don't think age is as much of an issue as post-MBA is; many programs don't hire entry-level associates as post-MBAs. I would say to test the waters and see if you can get an infra role either as part of a strategic in project finance first, and then work your way up. People tout MBAs as career resets, but frankly there are not many people in the infra or corporate world that get into PE post-MBA without having had strong banking or PE experience prior to starting their MBAs. Most people I know who don't have any banking/consulting/buy-side experience prior to their MBAs end up going into IB as a final destination.
Voluptatibus nihil quos in corporis quia ea. Adipisci tempore blanditiis ex aut quia. Et minima cupiditate eum voluptatem. Dolores recusandae saepe maxime quidem velit accusantium.
Sit ab vel animi tempore consequatur. Vel sit deserunt et numquam. Facilis voluptas dolorum voluptatem nisi rerum. Rem non dolores natus aut aut. Rem tenetur beatae pariatur aspernatur saepe sed. Praesentium possimus nostrum quia facere quibusdam sit et.
Ut doloremque autem sit odit accusamus alias. Omnis libero est ex et reprehenderit.
Dolores natus minus repudiandae. Eius iusto magnam laboriosam. Possimus in totam neque et ullam.
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...