KKR NGT?
How feasible is it to jump from SA spot at a $5-10B AUM growth equity shop to an analyst spot at KKR NGT/growth or Warburg growth? Would the GE summer or a banking summer in a top sponsors group be best for hopping into one of those groups FT?
Banking best for both. Growth at smaller shop doable to KKR but prob not Warburg. KKR only takes like 4 tho
Why banking? What would you say if you were trying to hop to bigger growth shop after SA (Insight, Spectrum, TA, GA, etc.)
Both of those shops you mentioned, most come from ex banking. If you open up your options to Insight, Spectrum, JMI, etc it could work out from a smaller growth fund
MF growth is a very narrow target. Those groups are small. Vast, vast majority of their spots will come from interns (either soph or junior year) - many years they hire 0 new FTs, and some years it's like 1, and the 1 is an extremely impressive candidate, potentially diversity. Banking vs. GE summer just doesn't make a huge difference in this situation.
Do you go to a target, and are you totally against the full 2 years of banking? If so, I'd take the GE summer and try to end up at a mid-large GE fund, but likely won't be a MF.
If you want the best shot at these large growth funds, it's 100% going to come from doing 2 years FT in a top banking group (the internship in GE will help). I just don't think 1 summer of banking or small GE is enough to set you apart.
I go to a target (mid-tier Ivy, whatever the hell that means), but I’m not against banking. The reason I’m even weighing the two is bc my bank seems like it could be on the brink of imploding and I have no clue whether exit opps will stay strong for 2+ years or if name will carry any weight come MBA apps.
I’m also considering trying to lateral to a different banking group and riding it out there for two years, and then trying to place in GE after that.
Ultimate goal is MF GE or Insight/GA/Summit type firms.
Don’t worry, CS is not gonna implode.
Agree with the above, CS is fine if you're in a solid group. I'd spend your time networking for banking groups if you want to potentially switch banks FT.
MF growth analyst spots are just so few and far between, it's just next to impossible to land if you're not HYPWS. Not trying to get into some Ivy dick measuring contest (I sure as hell didn't go to any of those) but the recruiting is just very focused on those schools
I work at a comp to one of the aforementioned firms (but not an MF). If you want to do growth, I'm not sure why you would prioritize MF growth over the Summit/Insight/Spectrum/JMIs of the world. KKR growth is relatively new and unproven, not a focus/flagship for the firm. TPG growth in my view is essentially a mix of MM buyout and super late-stage growth where your learn an execution/financial engineering skillset, not sourcing (lifeblood of growth). Don't get me wrong, these are phenomenal places to work, just not what most would consider the traditional growth experience.
FWIW, bank and/or fund name matters far less to us than (1) genuine curiosity for software/tech (2) desire to source and (3) pure grind/hustle
Ageee with the above points — don’t really understand why you would want MF growth arms when summit/insight/ga are the defacto “MFs” of the growth equity investing style
How does warburg fit in?
This is definitely a valid point, and honestly maybe it’s just me liking the brand and thinking it gets better b school placement.
I think my underlying thought is that I don’t want to start at a small/mid size shop when I’m trying to get to an Insight/GA/Summit level of firm. I’m trying to optimize for those groups right now - I’m hesitant to accept a summer w a reputable but smaller GE fund for fear of getting stuck there. Think of a group like Lead Edge/FTV.
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