London PE Networking

How important is it to do networking to get PE roles in London vs going through the many many processes that head-hunter's will ping you about? I know already in London vs US for IBD recruiting, networking is considerably less important. 

In London, is it more about just jump through the hoops of the process and done or network to find non-advertised roles or networking extra with people in the firm once you're in the process or network with people who left the firm to find out if you're about to get shafted.

Sorry, just a bit confused

Thanks 

 

If you know people before the process, then that is a big bonus.

One thing I noticed is that buy-side professionals are less willing to jump on calls with other professionals that they do not know compared to sell-side people. Don't ask me the reason why, probably because of their inflated egos or because they are super busy 

But personally, would try and find people with your own nationality and people that have exited from the same team as yourself.

Try and get along with the major HH such as Kea Consultants, PER etc as they can put you in the process for Associate roles 

Also, if you do reach out, do not spam or message many people in one team as everyone speaks and you may across "too switch on" which may put them off and for the sake of good do not ask for insight about the case study 

 
Most Helpful

Based on my experience in London, cold-networking is not really a big thing (although it did work for me, but that was at a senior level). For junior staff, almost everything goes through headhunters. It is a bit surprising given the PE community here is so much smaller than it is in the US, but that is the structure. It’s funny because the PE firms all know each other and there is a fair amount of movement within the PE community from one fund to another, but for new entrants to the industry at the junior level, PER / KEA / Dartmouth and a few others are the primary gatekeepers.

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

Thanks, interesting to understand. Do people usually ask their friends oh we're interviewing this guy, what do you think? Or is this more a USA thing with the stronger networking culture

 

Molestiae autem eligendi id rem dolor consequatur occaecati vero. Dolor quo et minus quas. Sunt ut sequi hic eius ex omnis incidunt harum. Libero laboriosam dolorem ea ut nisi. Iusto doloribus pariatur rerum.

Dolores nihil ab vel tempore sed. Ut consequatur incidunt nemo eius aut nostrum et sequi.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
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
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
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...”