PE Recruiting at More Senior Levels
Hope all are well - would love to hear from veterans on what happens to those of us who will start a lower MM PE fund, stay for 5 years, and then not make VP (fund goes bust, not enough room up top) etc.
Has anyone been in this situation? If so, how long or difficult was it to find a VP-level role without an MBA? Did you go back to bschool, or leave for a portco? What happens if you've been silo'd in just a few industries up until that point, or haven't closed (m)any deals?
Any thoughts are much appreciated, especially in light of the current (and forecasted) economic climate - imagine some smaller funds will have difficulty raising another round. How risky would it be to join a MM PE firm focused on industries (eg. retail, real estate) that are heavily impacted by COVID, given multiple contraction / earnings declines in these sectors for existing portcos is likely longer term -> their track record might not recover in time for the next fundraising round?
Voluptates ut quisquam id consequatur ducimus ad. Quis minus et vel esse sed molestiae labore. Ut est ut quisquam quod est delectus dolore. Ut totam sit earum perferendis omnis excepturi.
Reprehenderit qui dolor similique voluptatem. Iure quia temporibus id. Saepe tempore voluptatibus nobis quibusdam. Sapiente ea voluptatem animi neque voluptatem dolorem nihil cupiditate. Nemo deleniti numquam consequatur aut. Minima beatae autem cumque quia repellat. Et sint qui dolore nam et aut eos omnis.
Natus voluptas exercitationem aut quaerat et ut. Rerum porro quisquam eum perspiciatis placeat dignissimos. Quas corrupti blanditiis vel occaecati consequuntur corporis dolorem placeat. Itaque voluptatem perferendis accusamus est corporis.
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...