PE shops that FT recruit college kids?

Lots of these firms are impossible to get if you aren’t at a core school for them, for example:


Raine - TONS of nepotism, rest all top targets or Michigan

Crestview - massive bias towards Harvard

GTCR - massive bias towards UChicago / Northwestern

Golden Gate - massive bias towards Notre Dame

BVP - good luck if you aren’t at Harvard / Stanford or diverse

Can do this for half of the firms on the list

So is this why BX reopened their SA in August?

Silver Lake analyst program has not been killed. Recruiting however has become very discreet with no more open applications. Select SAs from top banks were invited to interview this summer and were offered analyst positions.

Analyst 2 in IB - Gen:

Silver Lake program killed. Blackstone Corporate PE (BCP) didn't take interns this cycle so may be winding it down. Those two are the two oldest PE analyst programs on the street. Sad they might both be gone.

Growth: GA, Insight, Summit, Stripes, JMI, Level Equity, Spectrum, Silversmith, Battery, Bessemmer

Large Cap / UMM Buyout: KKR, Warburg, Ares, Vista, Golden Gate, Bain Cap, GTCR, Francisco, Roark

Middle Market Buyout: Audax, Monomoy, BayPine, Crestview, HarbourVest

Merchant Banks: Raine, BDT, GS Principal Investments

Can confirm that SLP extended full time analyst offers this year and that BCP is running their SA process right now. Would also add Apax to the MF/UMM list.

HarbourVest is MM?
Their secondaries practice just raised $18.5 Billion...

Any views on GS Principal Investments?

Lol really generous about what you consider UMM. Ares, Roark, and Golden Gate are staunchly MM. Would add Lead Edge for growth. Accel has usually taken interns each year and so has Founders Fund (but it is more random). BCP is ramping down because there is too much bloat. They are still not sure if they're even going to take a SA or not, they are testing the waters to see if any quality candidates will bite. Already mentioned, but SL inbounded a couple of top banks (and some PE firms too lol...) and hired someone for FT. 

Would like to emphasize though that these programs aren't that much more intellectually stimulating than banking. I did my SA and FT at MF PE (and had some friends who also did) and they're all about the same in MF land. Limited modeling exposure honestly (definitely I think better than banking, but you're not owning the model like in MM HF), a lot of notes, tons of expert calls, a lot of data cutting... pretty much universal across like Bain, BX, KKR, Vista, and WP (don't really have touchpoints at FP and SL). The main benefit is exit opps, but if you actually want something intellectually stimulating go to a HF.

how come?

Your title says you're in HF though?

Your title says you're in HF though?