Starting FT PE Analyst out of UG versus doing 2-year in IB out of UG

Hi Folks - wondering if anyone could shed light on the advantages/differences of starting at a PE fund directly out of undergrad versus doing IB for 2 years and then going into PE, in terms of modeling/deal experience/learning experience/exit/recognition. I've noticed a trend of PE shops hiring directly from their summer programs for FT positions. I'm wondering why and if one would recommend doing that. Thanks! 

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