Hi All -
I'd be interested in hearing where the associates at your buy-side shops are going these days after their two years? I've had the opportunity to work at three firms that have spread venture, middle market PE and lower middle market growth/buyout with AUMs of 0.5-1B, 3-5B and 5-10B. I'm noticing an interesting dispersion of associate moves and namely, business school is not too popular. Here is the path I've seen of the individuals I've worked with directly:
31: Associates I've worked with who have completed their program
29% / 9 lateraled to positions at other firms 29% / 9 were directly promoted to sr. associate 23% / 7 moved to operating roles at companies (majority not portfolio companies) 16% / 5 went to business school 3% / 1 other/unknown (they dropped off the face of the map)
I'd be interested to hear if this dispersion is similar to your experience.
Thanks.
