MFPE experience in a non-US country/geography not valuable/discounted in US recruitment?
Associate at Mega Fund PE (BX/Warbrg/Carlye) in Mumbai (India), ex-MBB planing for MBA at H/W/S. However surfing through wso, reddit, i develop a doubt about whether my PE experience in a non-US geography particularly India is disadvantageous? Is it not good enough? What I have heard is Domestic (US) deals, MBB/IB experience is more valuable & recruitment at MBA will be next to impossible.
Becuse the other option I am left with is Post-MBA IB associate -> PE which I have been told us next to impossible as IB associate aren't being recruited.
Thanks for any clarification/help.
It's nearly impossible at the moment.
I did my MBA at one of the listed schools recently and most of my Indian PE classmates ended up i) going back to their pre-MBA fund in India, ii) pivoting to public markets, or iii) finding a startup/tech job in the US.
The combination of a weak VP market, the number of high-quality candidates with domestic MFPE experience, and the current environment around work sponsorship made it an uphill climb for all international students (surprisingly including those from London/Europe, Australia, and Canada).
Candidly, a lot of my international friends also mentioned that they felt their accents were holding them back, so much so that they resorted to developing a localized American accent, and I feel as though a lot of them regret their decision to go with the benefit of hindsight.
Truthfully, it's a tough PE hiring market for domestic students too. A lot of domestic students ended up taking a meaningful change in fund size/strategy (i.e. infrastructure, credit, secondaries) or just returned to their pre-MBA shop in order to stay in private markets. There was a lot of self-selection of people who go to an MBA going to pivot careers, so within the domestic students who didn't go back most ended up doing public markets, search funds, or startups (although it's hard to know how much of that was their first choice going in)
I don't blame you for wanting to leave since most of my Indian PE friends complained about the work culture, but getting paid in USD in Mumbai at a BainCap or something is a pretty sweet setup, so it might be worth exploring the domestic market opportunities or targetting a GIC-type firm that is more open to move people around.
Honestly, if I were you, I would really try to come to an agreement with your pre-MBA firm around returning/lateralling to a HK/Singapore/London at at the same time, recruit for a more international friendly jurisdiction (London, Dubai) at a firm that could move you around.
Good luck!
Sint tenetur fugit adipisci iure. Ad itaque eos perspiciatis ea. Iste deserunt aliquam et atque. Est rerum quas minus ut eaque. Enim tempore provident animi voluptas architecto. Velit alias architecto placeat.
Qui illo voluptatum earum non qui eum. Nisi ullam ipsum porro suscipit sed nemo. Quae nesciunt qui natus totam quia.
Tempore voluptatem voluptatum adipisci suscipit. Et eum sequi voluptas delectus mollitia atque. Velit ipsum minima voluptas ipsa. Quaerat tenetur sapiente culpa laboriosam cum quisquam. Rem et quae cupiditate aut similique architecto assumenda. Neque corrupti eos omnis impedit nihil debitis est.
Enim nam quasi nesciunt similique consequatur quia similique. Hic vel nihil laborum porro fugiat itaque. Numquam et consequatur libero quis ut.
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...
Harum mollitia quis iure hic. Sed fugit minus neque ad reiciendis in et. Ab et quis qui. Eaque inventore cupiditate hic quo quo. Non vel tempore non iure omnis. Quam illum libero earum rerum eum harum. Ex nam voluptatem laudantium dicta et incidunt.
Sit sit quia esse quia labore itaque quo. Ducimus qui provident consequatur error sunt placeat. Sed placeat saepe id sit tempora eum. At corrupti officia eum debitis magnam quia. Alias aliquam aut molestiae suscipit quia. Voluptatem tempore laborum quis qui.
Molestias expedita placeat quis qui. Nesciunt fugit debitis quibusdam porro quam. Quasi rerum necessitatibus amet quo vitae magni. Voluptas id voluptatum sit consequuntur quis ut dignissimos. Iusto aut sunt officia voluptas. Quia dolor occaecati soluta rerum eius atque dolorum.
Odio quos ab consequatur atque perspiciatis aliquid laboriosam. Doloremque exercitationem omnis quas dolores rem.