Starting soon in one of a pretty well respected shop (EVR/LAZ/PJT). I've been thinking really hard about potential exits. Is it possible to break into traditional PE (UMM/MF) and secondaries investing (BX/Alpinvest/Ardian) or lateralling to M&A?
Should I focus more on the GP-led or LP-led side of things? Appreciate any thoughts! Cheers to 2024!
| +48 | Secondaries Career Outlook: Comp, Exits & Long-Term Upside? | 15 | 3h |
| +46 | PE to PortCo Chief of Staff | 19 | 1d |
| +45 | Consumer PE is dying/dead? | 10 | 1d |
| +26 | Private Equity Office wear | 12 | 2h |
| +18 | Use Cases For Claude Cowork / Claude Code | 3 | 1h |
| +12 | Post-Banking Seats | 7 | 3d |
| +11 | Graduating Before Junior-Summer PE/Growth Internship — How Should I Approach the Firm? | 3 | 3d |
| +8 | How do I go from underpaid to overpaid | 2 | 5d |
| +7 | JD, MBA related to PE and other Wall Street Jobs | 2 | 3d |
| +7 | Oncycle rumors | 1 | 1d |
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.
You're talking about exits before you've even started
Bump, similar position
On #1, I’ve seen a very few numbers of exits to LMM PE, i.e not impossible to move to direct buyout but people in PCA tend to stay long term for various reasons (already covered in multiple other threads).
On #2, some exits to Secondaries MF such as Lexington, Ardian, AlpInvest from PCA but from M&A as well (and I know some funds only hire the latter)
On #3, yes possible to move to M&A. Some people in my team have lateraled internally or move to other top tier banks.
On #4, really depends on what you are trying to solve for. If you’re looking to move to M&A / direct buyout along the way, then you should try and focus on GP-led deals.
thats helpful man! Can you comment on the culture & pay from your former shop?
Rem deleniti vel est ea est. Et cupiditate quos aperiam. Ut quisquam vel necessitatibus omnis ducimus tempora culpa. Et numquam sed officia tenetur voluptatibus ipsum iusto. Qui distinctio quibusdam provident nihil iure praesentium assumenda. Est sed dolore id.
Quia qui libero molestiae inventore culpa ut. Inventore quasi et atque. Consequatur qui aut sit soluta ex et. Fuga voluptatem voluptates est modi veniam distinctio qui. Iusto quaerat fugiat ut vel sapiente.
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...