Experienced Analyst Megafund Recruiting Process

Very confused how this process works for an analyst lateral move. Do these roles even exist or do these megafunds recruit 1-2 years in advance thus meaning the only shot I have is through on cycle recruiting? Is it recommended to go through headhunters or alumni? Referring to Apollo, KKR, Brookfield, Ares, etc.

 

Thanks for the insight, that does seem to be the case with these places. Obvi it’s difficult, but I would think it’s still possible. Is there any approach you suggest in particular aside from trying to connect with alumni (which has been difficult) or third party recruiters?

 
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Go through SG Partners, Bellcast, or CPI.They handle all the MF recruiting on-cycle / off-cycle. Coming from a name brand / banking always helps but RE recruiting is more flexible tbh.

What's matters is…

(i) your intro call to the recruiter so they know your normal and you don't spew bullshit

(ii) if you go far in your first process, cause that means they can trust to put you in front of their more "premium" clients

I think what's underrated is having the modeling test down cold at the junior level. It's a simple way to differentiate yourself from the pool and you'd be surprised how many "qualified" people can't build a basic model / format

Basic math and REPE technicals will pretty much be consistent through the firms. Ability to walk people through a deal in a few minutes.

  • Background of the opportunity
  • Thesis behind the asset class, market, and in particular your deal
  • Risk / Mitigants
  • Deal timeline including structure
  • (optional) financing given how volatile things are right now - a lot of focus on what other people are seeing as far as terms and being CF positive in yr1
  • Key metrics (unlevered, levered, YoC - untrended / trended) over x time horizon
  • Final recommendation (keeping in mind why it was a good investment at the time - bonus points if you bring it back to today’s envt and would you do it again or what you would have negotiated differently). How does the deal stand now essentially.

Would be careful not to take it till you make it. If you spew a bunch info and then asked a simple follow up you can't answer, discredits your deal experience to memorization

[also, speaking from the experience of someone who is at MF PE / has been through the processes)

 

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