Working on a deal for the sponsor you’re joining

I’m currently a banking analyst who’s signed with a sponsor. I have the opportunity to work on a sell-side where one of the main potential buyers is the same firm I’m joining. I’m thinking this is a great opportunity to work with / meet my future colleagues, but are there any downsides or other nuances I should know about?

 

Don’t do it. Only downside. How would this possibly be a good idea

 

You have the job. You’ll work with these guys theoretically for the next 10-20 years. Why try to work with them from a compromised position of being an IB monkey. Why would you want their first impression from you to be as a junior M&A service provider. You can always work with these guys still and then actually as colleagues and make a good impression then etc. Why shoot a bullet now? What’s up the upside? 3 months earlier working with these guys? Totally irrelevant. But if you fuck something up even outside of your control you’re screwed. And as said not good for first impressions / general views on you whether you like it or not

assuming you’d even be allowed to I’d strongly encourage you not to

 

U seem like a pretty bitter person judging by your comment history. Hope things get better for you man, wishing you the best.

 

What am I bragging about? Joining a PE firm after banking? Like most banking analysts? This is the situation that I’m in right now so trying to get advice. As a director in IB I’m not surprised you’re so bitter but just feel bad for the analysts u got working for you.

 

Hey guys! I’m a banking junior and got a buyside job! I know it’s been a tough couple years, but everyone gets buyside right? I’m totally not bragging.

Anyways, I have chance to work on a sell side with you new sponsor! Should I volunteer to do it?! I mean I know I’m just an analyst, but I’m soooo awesome that if I’m on a deal I will run point, and so I will get to interact with all my new colleagues.

So here’s the thing, what should I know about possibly working with my new firm? Should I keep acting professional? I’m so confused! What tips do you have guys?!

 
Most Helpful

Like I said, wishing you the best man. It’s bad form on my part trying to put down a person who’s clearly already so fed up with life. Hope things get better for you.

 

Reiciendis aspernatur aliquam ipsa. Voluptas at fugit sequi qui debitis et nihil. Eaque inventore ut alias. Sit atque inventore delectus sit quibusdam maxime autem. Saepe nihil ipsum magnam sit dolore enim quis.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”