Hybrid AM / Acquisitions Role
I work for a middle-markets REPE firm based in the US and have been in this role for the past ~3 years.
Starting out the role was always a hybrid asset management / investments role but, given market conditions, it is really an asset management role with acquisitions taking up ~20% of my time. I have now been told that it is expected that I spend 80% of my time on asset management. I prefer investments/acquisitions and have communicated such repeatedly but doesn't appear to be earnest attention to me. While I am good at AM, I really don't love it and feel that my work is often overlooked.
Any advice on how to transition out/into a more investments/deal focused role or do I just have to stick it out and wait for the market to shift?
Based on previous WSO threads, here are some actionable steps and advice for transitioning from an asset management-heavy role to a more investments/deal-focused role:
Networking:
Skill Enhancement:
Job Market Exploration:
Strategic Patience:
Mentorship and Guidance:
By following these steps, you can strategically position yourself for a transition into a more investments/deal-focused role while navigating the current market conditions.
Sources: Transitioning from tech to a serious finance job (yes, you read that right), Seeking advice - Decade of experience in niche sector and laid off, PE Senior Associate - What next?, Switching from Big 4 to Acquisitions: My Story, Any career regrets after moving from PE to public markets?
Bump
Look for an acquisitions role and play it up that you've been doing 50/50. Market is soft now for acquisition roles but they still exist. You may have to go to a smaller operator instead of REPE.
Otherwise just stick it out until your firm is doing more new deals and push hard at them otherwise leave
Thanks this is helpful. Dealflow has certainly been picking up, just hard to find the right balance and communicate accordingly.
Provident odio odit ipsam et voluptatem possimus. Dolorem illum quaerat itaque deserunt iure. Ipsa earum cumque atque.
Repellendus id cum beatae dolorem. Vero sed voluptatem magnam. Eos sit sed aut.
Consequatur vel aut placeat. Officiis id sunt natus cupiditate voluptatem ea. Vel eum architecto delectus sed quas expedita. Eaque cumque praesentium sit laborum soluta voluptatum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...