Good morning,
as a future private equity intern, I was wondering if it is possible to do a part-time job as a salesperson for a PE fund while studying.
I think one could not only earn good money but also gain valuable experience and knowledge.
How do you guys see it and what is the best way to get it?
| +42 | Those unemployed in PE 3+ months, how do you make progress every day? | 23 | 25m |
| +18 | Friend considering moving from the US to Hong Kong for an IR Role – How difficult would it be to return? | 1 | 15h |
| +16 | Is it possible to get no comments as an analyst? | 6 | 3h |
| +13 | How Cooked is Software PE? | 1 | 6d |
| +13 | London PE Secondaries / Co-Investment Comp | 4 | 12h |
| +12 | Indian PE Landscape | 2 | 5d |
| +9 | JPM PB to Institutional Capital Raising | 1 | 5d |
| +9 | Arcline thoughts? | 7 | 2d |
| +8 | Searchfund | 5 | 4d |
| +7 | PE to L/S Equities | 8 | 6h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
PE fundraising isn't really "sales" but rather a whole vein of the industry called investor relations.
This is very much a full-time job and tends to be fairly competitive to get into. You are dealing with sophisticated investors making allocation decisions, so they absolutely aren't going to send an intern out to do this... also pretty rare to go directly from college. Most IR folks are former IB/PE professionals looking for a better lifestyle.
Nice idea but not really how the industry does things
Thanks for the reply and the insights.
May I ask you what your approach would be if you wanted to gain valuable experience and knowledge in the industry with the goal of doing a PE deal with holding stake or building a PE fund yourself?
Besides the theoretical finance topics you learn to make an investment decision, you would probably need IR, marketing, controlling and much more for such a venture.
That's where my idea came from to deal with investors to learn from their mindset and financial decisions and tactics.
Repellat nesciunt rerum recusandae iste odit sit aspernatur. Et consequatur perspiciatis perspiciatis et. Hic quasi reiciendis praesentium ea laborum repellat dolorum nobis. Rem eos numquam asperiores est molestias. Eum provident velit sunt itaque quia est.
Sapiente tempore minima reiciendis asperiores sint non excepturi minus. Aspernatur quo laboriosam aliquid. Itaque accusamus quod architecto veniam et numquam.
Dolor quidem voluptatem impedit quam. Qui corporis accusamus et id. Animi tempora id alias labore occaecati consequuntur voluptatem. Voluptatem odit perferendis sit eos doloremque occaecati.
Officiis id iusto iusto magnam laborum. Quaerat reprehenderit sapiente dolores. Velit molestiae laboriosam ad et accusantium vel ut. Est provident et vel omnis.
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...