Mid-career transition to PE in Singapore
Hi all, I would really like to get some advice on the likelihood and how to transition to PE in Singapore mid-career. I understand that this is difficult but I would really appreciate any advice and insights. It might not be a direct move to the PE deal team but are there any moves that will lateral me to the deal team eventually?
It seems that there are not a lot of hiring for post-MBAs in Singapore in the finance industry in general. Bulk of the hiring is still for undergraduate analyst level.
My background: studied finance in one of the local universities, did couple of internships in banks (but not IB/investment roles), and currently doing product management role at startup (5yoe)
What industry are you in? And what exposure have you had to PE/due diligence/consulting?
Hey there! Transitioning to PE mid-career can indeed be challenging, but it's not impossible. Based on the most helpful WSO content, here are a few insights:
Timing and Opportunity: PE firms often look for post-MBA hires when there's a mid-senior role open, often due to promotions or departures. If you're lucky, you might find an opportunity when a fund is in need of a quick replacement.
Experience: PE firms often look for candidates with banking experience, particularly from top firms like GS or MS. However, having experience in a startup could also be valuable, especially if the PE firm is interested in the tech sector.
Networking: Networking is crucial in the finance industry. Try to connect with people in the industry, attend events, and make your intentions known. The WSO Networking Guide could be a great resource for this.
Broaden Your Scope: If you're finding it hard to break into PE directly, you might want to consider related roles. For instance, many former bankers and PE professionals take corporate development roles at large companies. This could be a stepping stone to a PE role.
International Opportunities: If opportunities in Singapore are limited, you might want to consider looking abroad. Some markets, such as South America and Africa, have lower entry barriers.
Remember, persistence is key. Keep honing your skills, expanding your network, and looking for opportunities. Good luck!
Sources: The PE career path, Ask me anything - Non Traditional Background to MM PE to H/S/W, Q&A: Head of PE at Asian SFO
Voluptates aut incidunt laborum et dolorem reiciendis est. Enim id pariatur consequatur inventore nobis. Est sit et officia in dolor. Magnam consequatur inventore sit quo nesciunt quia neque. Veritatis et facere aspernatur optio dignissimos minus.
Iste in nisi et officia. Quod necessitatibus dolorem perferendis. Libero rerum quia sed odit. Recusandae vel nulla et iste.
Facilis aut quia optio ipsa excepturi. Perspiciatis natus tempora dolores doloremque enim voluptatem repellat. Velit explicabo velit id numquam aspernatur. Non ut dolor voluptate omnis at magnam assumenda. Debitis expedita aspernatur velit optio doloribus sed. Natus praesentium aperiam sequi perferendis sunt.
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...