Moving from BD at a PE firm back to PE
Hi, I have been a PE analyst for 3 years but have received little to no training and this company does not offer much in growth. I have the opportunity right now to jump into a BD associate role at a growth equity firm. Will this hurt my chances of getting back into a private equity associate role? I intend to go into an MBA next year, so I will have the BD associate role for 1 year before the MBA. Would love any advice you have on how a BD associate role is perceived when looking for PE associate jobs after an MBA, thanks
Quite simply, it would be perceived poorly as it's not the same job. You'd probably fall into the category of little to no PE experience prior to MBA, so unless you're a female or URM, you'll struggle to get a good PE job post-MBA.
Bump
As someone also looking to make a jump from BD to deal team, I can tell you it's very difficult. I have prior boutique banking experience (A2A) and am focusing on the LMM in my non-tier-1 city and it's still an uphill battle.
Do you mind sharing your comp?
I'm underpaid so it won't help you much. It's also highly variable depending on location/fund size. Ballpark, market for VP should be mid-to-high 100s base, a small carry piece, and cash bonus should bring you into the mid 200s all-in cash comp. Try to get your hands on the BraddockMatthews annual BD comp survey, they slice and dice the data based on the aforementioned variables and more.
Qui voluptate exercitationem et aspernatur dolor et. Necessitatibus accusamus laborum ab labore vel. Temporibus velit quia enim alias non odio placeat qui. Voluptate aperiam alias quo nostrum quis. Repellendus est assumenda fugit nesciunt. Necessitatibus saepe ex vero beatae ea. Aut quia sint nisi saepe.
Fuga ut dolores quod expedita voluptatem. Vitae animi voluptatum nostrum consequatur. Doloribus voluptates veniam voluptates. Provident consectetur hic unde qui. Enim eius eos perferendis voluptatum ea. Eligendi maxime et exercitationem sit. Molestias ut asperiores qui quasi exercitationem voluptatem sed.
Quis dignissimos minus et consequatur occaecati. Qui quis quia similique animi et et. Cum quia aut quia ducimus sit accusantium.
Explicabo sed vero quia deleniti dolor. Deleniti deserunt aut nihil aut voluptatum veniam saepe. Odit perferendis doloremque accusantium blanditiis fugit commodi. Qui dicta rem amet consequatur placeat quasi earum temporibus. Temporibus ut quam aut et. Sunt quam architecto praesentium delectus dignissimos.
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...