@PE peeps -- any open spots in your 2023 associate class?
Happy almost new year ladies n gents --
This is an attempt to crowdsource information / ward off insanity. I've been scouring WSO and Gobuyside all week trying to figure out which PE firms still have open Summer 2023 associate spots left, and which don't. Yes, I know how the on-cycle recruiting works, I know it's typically ~2 years before actual start date...but c'mon, if you look at any MFs employees on Linkedin, you'll notice there's always a handful of off-cycle associate hires thrown in with the summer-start associate class. Maybe firms keep a few off-cycle spots for later-stage hires?
On top of that, today I saw multiple google job posts I saw today from MFs (BX, Carlyle, Bain Cap) advertising PE Associate roles for Summer 2023. Maybe it's just a legal formality...some law that says a company must post all jobs to the public to promote equity/fairness...but in reality, the roles were filled in on cycle recruiting 1.5 years ago and there will no further interviewing/hiring. I would've assumed there's no shot getting a summer 2023 spot this late in the game and they'd all be filled by now but...maybe I'm wrong?
So@PE professionals...and especially those at UMM and MFs that run very formal on-cycle processes...any openings left in your summer 2023 class or have those spots been filled for years? And if there are any 2023 spots left, are you planning to run a formal "off-cycle" process using a HH in Jan/Feb to fill them?
Basically trying to figure out if I should focus networking/recruiting efforts on LMM/MM only given my desired start date is in 6 months, or if MF/UMM/MM/LMM are all fair game and worth a shot. Any insight is much appreciated!
And happy new year, sending sending good job hunt/recruiting/not getting fired vibes to all ~~~~~
This is probably not helpful since I suspect you want to be in the US, but for our London office we recruit for September start at the beginning of the year. Good luck otherwise!
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