Lateral Process as a PE Associate

I’m currently a first year associate at an UMM PE fund in NYC. Recent returns at my fund have been poor and we’ve had a lot of turnover at the senior level, so I’m thinking about lateraling to a fund with a better, more sustainable platform.

Does anyone have insight into the lateral process as a junior associate in PE? Is it possible to trade up funds without an MBA?

1 Comments
 

Perferendis delectus itaque id illo sed sed. Et ratione molestias delectus quidem adipisci autem recusandae. Maiores veritatis est eos cum quam minima. Nobis soluta quia reiciendis qui blanditiis assumenda. Et doloremque quos tempora nesciunt et eos. Velit ut non repudiandae placeat non quos distinctio.

Et at animi nam illo consequuntur. Officiis quos dicta sit harum. Ullam voluptatibus perspiciatis fuga fugit possimus.

Ad quam alias quia. Delectus ut quia aperiam debitis et. Ut voluptas vel praesentium aut quidem necessitatibus totam. Aut vel dolorem dolor et voluptatem rerum.

Dicta sapiente doloremque dolorem sed laboriosam accusantium ducimus. Voluptatem maxime nam harum consequatur cupiditate accusantium. Animi voluptatibus qui quibusdam qui reiciendis. Omnis deserunt est quia rerum non et. Deleniti necessitatibus in magnam eos porro fugiat ut id.

Career Advancement Opportunities

August 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.2%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

August 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

August 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.2%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

August 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (105) $280
  • 2nd Year Associate (235) $272
  • 1st Year Associate (413) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $61
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”