Moving laterally in PE - how easy?
PE folks - How easy is it to pivot between to a UMM / MM PE fund once you are in a LMM PE?
Anyone has made this move previously?
Trending Content - Private Equity Forum
Career Resources
Imagine it's fairly difficult. Only way seats open up for Associates is if there's a massive increase in fund size (and they need more Assos to handle the volume of deals) or if someone leaves. Think of it this way -- very few Associates even get the promo to Sr. Associate / VP, so why would they need more lateral Associates?
Moving upstream is pretty difficult, especally from a LMM where you won't have brand name and experience is pretty hard to vet. LMM to UMM is probably not happening. LMM to MM, doable.
This was possible but very rare in the bull market, it is impossible now
Et voluptates doloremque et a illum praesentium. Accusantium debitis facilis non ullam soluta occaecati fugit. Eum voluptas asperiores dolor qui eaque incidunt deserunt. Doloribus optio voluptas blanditiis cum. Beatae perferendis et et animi alias eligendi vitae alias.
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...