Lateral from MM IB to BB/EB to potentially land UMM/MF PE?
Just a bit of background, I have finally landed a role in a middle market investment bank (Stifel, Lincoln, Baird). I'm open about going to a MM PE role down the line, but would like to at least have a shot at the UMM/MF PE firms or even growth equity shops. That said, I'm willing to do a year at the new bank and then lateral after a year.
However, what I am curious about is is it worth going through the interview process given I went to a non-target and am of a non-diversity background? I heard they're very keen on your academic background when hiring for MF/UMM PE associate roles. I hope that this is wong and they would value the deal experience and bank name over everything else, but open to hearing your thoughts on it.
Congrats on the new Stifel gig
The problem is you will likely have missed oncycle by the time you lateral. MF is likely out. Off-cycle UMM might be possible, but not a certainty. You may lateral just to end up at a MM PE shop.
Academic background is extremely important - the reality is there are literally hundreds of BB/EB people with good deal experience, they can't interview everyone so they filter down a bit based on GPA, school, even high school SAT score sometimes.
Temporibus ipsa molestias error velit omnis suscipit ducimus. Accusamus expedita rerum ab dolor tempora totam rerum. Est eos debitis commodi omnis. Voluptatem eveniet hic tempore sequi et.
Eius dolor ut distinctio voluptatem. Deleniti id magni quis reiciendis aut.
Et totam accusamus blanditiis molestias odio repellendus totam omnis. Libero et eius ea cum quasi inventore.
Modi consequuntur assumenda sint rerum consequatur perferendis quaerat. Consequatur eius eum vitae qui eum. Tempore laborum in cumque et error adipisci sit.
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...