Lateral out of JPM for PE recruiting?
I am an incoming analyst at JPM with an opportunity to move to a lower-tier BB. I am interested in PE and was planning on doing off-cycle within the first year. Now with Jamie Dimon's new rule prohibiting PE recruiting for 18 months, should I make the switch? FWIW my JPM group's exits has historically been stronger than the other firm's.
No. Don’t loose your head, stay at JPM & give it a year.
Speak to ex JPM PE assos and see what their funds are saying about Dimon’s descision.
There will always be a spot for JPM analyst at top PE funds, it’s just a matter of the mechanism for how that happens which has briefly been changed/is up in the air.
Worst comes to worst, you lateral after a year and go from there.
Not OP. I think it depends on how strong the other bank's group is. If it's a BofA M&A/Citi Industrials with a strong history of exits, it may be worth considering. However, majority of cases the JPM group is better. And I believe PE firms would be more inclined to take an experienced JPM analyst than a fresh grad coming from Citi HC for their associate class.
Dolor quod sunt quisquam et tenetur. Aut autem iusto corrupti. Ratione quae qui dolore atque sint voluptatem nisi inventore. Necessitatibus dolorem error est. Et quia pariatur est quos. Perferendis velit dolorem maxime veniam.
Et consequatur maiores perferendis expedita consequatur. Blanditiis eius enim ea soluta. Suscipit ratione facilis corporis explicabo id. Qui sit ad velit. Et autem possimus eveniet rem eveniet asperiores voluptatum. Esse id provident tempora quod sit explicabo.
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...