1.5-2 yrs IBD vs. PE Analyst after 1 year IBD

Currently, contemplating whether I should leave IB at GS London after 1 year and join a PE fund for an Analyst role or whether I should stay the usual 1.5-2 years before making the move.

Already know that I won't stay in IB for the long term and eventually want to move into PE, so generally happy to leave after 1 year but just afraid that not doing 1.5-2 years at GS will close some doors.

Background:

Got an offer to join as PE Analyst at a decent fund (~$7bn AUM), with a seemingly good culture, good track record and a sector focus that interests me (software & tech). Would be an Analyst for 2 years to learn all the skills needed (i.e. execution and modelling, sourcing, DD etc.), before either becoming Associate or leaving the fund to do something else (they gave me that option).

From a contingency planning point, I just want to make sure that I still have many exit ops, should I decide to leave after 2 years. Comps is secondary for me.

Comments (15)

  • Intern in IB - Cov
Aug 5, 2021 - 5:19pm

Would be helpful if you posted your take on here so others in a similar situation could also benefit from it

Aug 6, 2021 - 6:28am

Was thinking about this as well and boiled down to the following:

- "easy" entry now vs. more competitive processes & more difficult interviews for Assoc roles

- don't feel as if I would learn that much on LBO modelling on the job in IB to be a competitive candidate (modelling skills now are ok but not extraordinary)

- want to move as soon as possible into an investment professional type of role because that's what I want to do in the long-term + barely surviving in IB atm

Would be willing to sacrifice the direct entry into an Assoc role for the opportunity to have a life again and do something I am interested in now already.

  • Analyst 1 in IB-M&A
Aug 16, 2021 - 10:13pm

What is your comp offer for the PE job?

i personally would take the PE gig knowing i can secure an associate position after 2 years and not having to stress about recruiting/ doing another year of banking .

Aug 24, 2021 - 7:56am

Est quaerat est dignissimos temporibus aperiam vitae ipsa. Commodi et pariatur ullam magnam distinctio sequi. Iste maxime et consequatur ipsam quos necessitatibus consequatur. Maiores numquam sint aut autem. Culpa ex nisi dolores est eos delectus et eveniet.

Possimus ipsa nisi earum et fugiat. Hic omnis officia molestias porro rerum eveniet. Libero porro est expedita aliquid ipsa voluptatem dolorem suscipit. Et cum neque dolore fuga dolore mollitia eum ex. Sed porro voluptatem temporibus autem et minima ex. Fuga accusantium itaque in at nisi et.

Eum in non alias accusamus ut quaerat nulla. Praesentium velit ducimus voluptatem molestiae. Distinctio id et delectus est.

Qui laboriosam nesciunt et numquam. Omnis possimus rerum ex explicabo aut tempore sed. Ab quis tempore corporis sequi rem dolores autem. Laborum minima ab autem tempora facere sit.

Start Discussion

Total Avg Compensation

January 2022 Private Equity

  • Principal (8) $676
  • Director/MD (18) $575
  • Vice President (73) $365
  • 3rd+ Year Associate (72) $271
  • 2nd Year Associate (147) $255
  • 1st Year Associate (297) $220
  • 3rd+ Year Analyst (26) $159
  • 2nd Year Analyst (66) $134
  • 1st Year Analyst (195) $119
  • Intern/Summer Associate (21) $67
  • Intern/Summer Analyst (228) $59