Lincoln International for PE

I’m an incoming summer analyst at Lincoln International.

I’m hearing conflicting things about the analyst experience—some people on here are saying that analysts don’t touch any models/don’t do any technical work. I know that modeling experience is important for PE recruitment.

Will it be very difficult to break into PE from Lincoln? If PE is my goal, should I make it my number one priority to re-recruit FT?

I know I have a long road ahead of me, but I just want to make sure that I’m prepared because I definitely was not prepared for IB recruitment. Didn’t even know IB was a thing until over 50% of firms were done recruiting.

5 Comments
 

Ah, the classic conundrum of breaking into PE from an IB role. It's a journey, my friend, but not an impossible one.

Firstly, let's address the conflicting information you've heard about the analyst experience at Lincoln International. It's true that experiences can vary widely depending on the team, the deal flow, and even the specific time period. However, it's important to remember that even if you're not touching models on a daily basis, there are still plenty of opportunities to learn and grow.

As for breaking into PE from Lincoln, it's definitely not a walk in the park, but it's also not an insurmountable challenge. The key is to leverage your experience, network effectively, and prepare thoroughly for interviews.

If PE is your ultimate goal, it might be worth considering re-recruiting FT, but only if you feel that your current role isn't providing you with the skills and experiences you need.

Remember, the road to PE is a marathon, not a sprint. It's important to be prepared, but also to be patient and persistent. Keep learning, keep networking, and keep pushing forward. You've got this!

And hey, don't beat yourself up about not being prepared for IB recruitment. We all start somewhere, and it sounds like you're on the right track now. Keep that momentum going!

Sources: Recruiting from Chicago IB to NYC PE - how difficult?, How difficult is it to break in from a low-tier BB?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Alias quos nam animi ad id nisi aliquid sed. Qui velit consequuntur iusto eos. Aut eligendi tempora facilis non dolore. Voluptas delectus porro quos qui quos. Sed et debitis quisquam aut. Accusantium dolor quas ut voluptatem nobis aliquam. Rem praesentium vero et nihil accusantium.

Aliquid facere voluptatum corporis. Est dicta enim minus quasi.

Et voluptatem nesciunt illo fuga exercitationem tempora. Illum dolorem fugit non magni deleniti unde laboriosam. Molestias maxime ea eos tempore delectus dolor ducimus voluptatibus. Et vero laboriosam et debitis quas natus. Eveniet temporibus aliquid aliquid animi optio. Aut fuga vel incidunt placeat.

Career Advancement Opportunities

November 2026 Private Equity

  • Blackstone Group 99.6%
  • The Riverside Company 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.2%

Overall Employee Satisfaction

November 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

November 2026 Private Equity

  • Bain Capital 99.6%
  • Blackstone Group 99.3%
  • The Riverside Company 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.2%

Total Avg Compensation

November 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (100) $364
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (236) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (274) $126
  • Intern/Summer Associate (40) $79
  • Intern/Summer Analyst (357) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
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...”