Moving from investment team to BD?
Been thinking a lot lately about how I enjoy learning about new companies, don't really enjoy the deep dives that are actually required to do a deal, and I'm an outgoing person that likes to meet new people and have more social interaction than I get on a daily basis. It seems like moving to the business development side of PE would be a perfect fit for me.
Can anyone tell me what a junior BD role at a PE firm is really like? What is compensation like, and what sort of ceiling is there in the long run as you climb the ranks; I assume the comp would be lower than on the investment side? Also, what is your work-life balance like?