PE Placement Job - Advice

Hi guys

I've just been invited for an assessment centre for a boutique independent PE Placement & Advisory Agent. The firm itself seems pretty awesome. They win blue-chip Private Equity and Private Credit Clients which for a company that's less than 15 years old is pretty impressive.

Unlike typical placement agent firms, employees have a broad role across project management, origination and distribution. In areas of primary, secondary and direct transactions. So it seems like you're a generalist across the whole field of the private placement, rather than specialising like most firms let you do. 

I was initially very interested in M&A and I'm very aware that this is completely different but I've been sh*t out of luck this year when it comes to jobs and I'm looking to take the first thing I can get. (Despite being different the firm mentions that they do some co-investing and M&A within their private capital strategies? Though IDK what this entails) 

I want to know if this is something worth taking? I'm happy to progress and sit in the role for the first couple years but I have no idea what to expect out of exits? I was assuming that it's a role that's going to require B-school if I want to go into anything else like M&A, or actual PE.
I would hate to stick myself into something where the only opps out are to other PAs or IR jobs in funds. I'm not a marketing person and the only reason why I'm keen on this job because it seems to be very different from other junior roles in PA. 


Would love to know some thoughts and opinions!

 

Rerum expedita vero culpa ipsam dolorem quibusdam ea iure. Aut ut ducimus magnam. Dignissimos quo harum earum qui. Eligendi dolorem rerum minima alias deleniti. Eos unde explicabo est. Fugit omnis facilis veniam. Ad a debitis officiis sequi voluptatibus excepturi earum.

Accusantium laborum debitis voluptatibus cupiditate. Sapiente dolorem blanditiis illo dicta.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”