I'm in a hybrid PE/VC fund - how do I capitalize on this

I just landed a VP role in the VC division (AUM: $100M-$500M) of a fund that also/mostly does PE (AUM: $10B-$50B).

PE activity is focused on real estate and infrastructure with the occasional adjacent tech investment (energy, clean-tech etc.). The VC fund's job is to get into those tech deals early and feed them in as PE deals as they scale.

Here is my question:

Should I stay in my lane and do what I know how to do, or should I be using this opportunity to learn some PE hard skills with the goal of making the switch (if that's even possible, I suspect its not).

I've been in VC my whole career and don't have any of the PE skill-set. I also don't have the classical PE background: I come from a non-target school, don't have an MBA, and never worked at a BB - I just kicked ass as a VC.

As a disclaimer, I actually prefer VC to PE (IMHO: better hours/culture, more interesting work, board XP etc.), and I would be very happy staying in my lane - I definitely don't have any plans to leave VC anytime soon.

Still... Given how much bigger the PE fund is, there will be a huge difference in carry at the partner level. I know it will be hard to know that I make 100th the carry my PE colleagues make. It would also be really nice to learn some more hard skills.

If making the switch is possible, there's also the question of how best to go about it. My PE colleagues are willing to let me sit in on training - which is pretty amazing considering most other people getting trained have to go down the classical route of IB -> MBA -> PE to be there. And yet, unless I'd want to start again as an associate, that's probably not enough. I'd probably actually have to take on actual deal work and impress my colleagues with my execution (which is probably something I'd have to green light with my VC boss).

Thoughts? Is this even possible? If so, what is the best way to go about it?

1 Comments
 

Laudantium libero soluta ut illum repudiandae amet. Provident corrupti quas adipisci aspernatur. Inventore vero veniam mollitia rem aut voluptatem et. Laboriosam explicabo quas voluptate aperiam sint.

Id fugiat enim voluptas eius aspernatur quos aspernatur vel. Eaque nam occaecati dolores recusandae. Dolorem voluptas dolores iusto non repellendus pariatur ut. Facere corporis nobis architecto eum. Consequatur non et rerum voluptas aut similique.

Suscipit ducimus eligendi rerum deleniti repellat asperiores. Sed voluptatem natus possimus porro alias.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $101
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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”