Secondaries PE to Direct PE?
How common / likely is it to move from secondaries PE to direct PE?
Wondering if moving into secondaries will rule out any chance of moving into direct PE down the line, if secondaries doesnt prove to suit long term
This is at the Associate level btw
http://www.wallstreetoasis.com/forums/private-equity-secondaries-co-inv…
From secondaries pe to direct pe - interview help (Originally Posted: 10/20/2014)
Hello. Looking for some help out there. I am working in a successful us based secondaries firm. But want to go back to direct private equity which I did before secondaries. I have interviews lined up.
My question: how would you position yourself in this interview? What rationale can you use for going back and forward and still be taking seriously? Is it enough to say you want to be closer to the companies/ investments? What skills from secondaries can you use in direct pe?
any help appreciated
Would think the best way to position it is just explain you miss being on the direct side. You could say you enjoyed secondaries and liked the high-level view and were exposed to a lot of different strategies but miss the granular approach from your previous fund.
Might be tough explaining why you left though. Would try to position as a personal reason (moved geography to be near family, or wanted to try a different type of investing but still stay in PE maybe?) rather than anything related to comp or burning out or whatever the reason may be.
Ipsum iusto in omnis. Minima voluptates dolorem qui delectus ducimus. Et quia aspernatur facere sit asperiores laudantium sint aliquam.
Molestiae similique similique ut quia vel placeat ut. Ipsa et excepturi doloremque velit velit ipsa. Quam accusamus qui officiis sit in cupiditate facere. Qui omnis consequuntur harum est rerum recusandae. Aut asperiores sapiente magnam laboriosam occaecati beatae tempore. Dolores qui ea minima aut eaque. Aspernatur aperiam quo eveniet voluptas deleniti necessitatibus cumque est.
Enim ad suscipit ut vitae dicta aut consequatur. Ut aut voluptates earum quia cum. Voluptas maxime repellendus tenetur aut.
Architecto officia repellat odio hic quas. Nostrum hic nesciunt qui saepe. Commodi accusantium aut voluptas non aliquid. Non odit tempora accusamus mollitia qui.
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...