Your thoughts on PE Exit Ops coming from a Mid-Market Boutique?
Disclaimer: I am aware that the KKRs, the Apollos and the Blackstones of this world are not turning to MM boutiques to poach bankers, given their current general preference for BBs (especially in Europe). What I'm more interested in is your general view on PE exits coming from a MM boutique (e.g. William Blair, Houlihan Lokey, Rothschild, etc.). For instance, I'm aware that shops like Summit Partners have occasionally poached from WB, HL.
What are your thoughts on this?
Thank you!
Anything is possible depending on how hard you hustle. I was at a consulting shop the equivalent of a MM boutique and I ended up getting a role with a prestigious UMM. I even interviewed with a MF and could have had that if I was remotely prepared. It’s not a helpful answer because it isn’t actionable beyond telling you to hustle your butt off but it’s true.
If you want something actionable, go buy LinkedIn sales navigator and make an excel tracking where everyone from relevant MM banks ended up placing. You’ll see what has happened before which is a path of least resistance. But my hiring situation is a testament to the fact you can accomplish anything because my firm hired me having never hired someone of my type before. Believe in yourself and work hard etc. etc. but it really is true.