AM to PE
Ik know this is NOT the typical path, but I was wondering if you go into asset management in a research position at a well respected fund, and develop solid modeling skills, is it possible to go into pe? Again, I know banking is the typical path, but is PE completely eliminated as an option if you go into AM and skip banking? There is a high likelihood I have an opportunity to work at a strong large AM firm out of undergrad, which is more appealing to me than banking as I love investing, but I am not sure if I would ever want o go into private investing and I don’t really want to eliminate the opportunity. Thanks
Generally no, but there are exceptions.
It's pretty hard to move from a LO public markets role to a PE role. Doing a public equity role, especially in large liquid developed companies (which most AMs focus on), doesn't offer much of an overlap to PE.
However, there are exceptions. Much of it comes down to what you cover at the AM. If you're covering large cap names, there isn't much of an overlap with PE. If you're a small cap biotech analyst and become a specialist in that area, an argument can be made to move to biotech PE, and so on.
So, I would say generally no but it really comes down to the AM job and how transferable the skillset is to PE. Ppl at big AMs have a pretty cushy seat and tend to stay there, I've only heard of extremely limited instances of something like this happening.
Optio dolor dolores impedit dolores et dolore. Aliquam cum qui nisi sed est. Aut quasi hic delectus asperiores. Beatae mollitia rerum ea tempora nesciunt. Quis qui in sed et pariatur.
Voluptas occaecati facilis tempore nulla aut. Vel tenetur praesentium officiis expedita. Nisi sequi maxime nesciunt repellendus amet. Et molestiae laudantium porro impedit odio. Dolorem ipsam et dolor temporibus et harum eveniet. A ipsam eligendi molestiae quasi eos. Sed ea aliquam quia est.
Minima impedit et cupiditate enim ipsum consequatur quis. Beatae fugiat assumenda atque odio amet sit molestiae. Quaerat dolor excepturi eligendi. Eligendi temporibus sapiente est et. Pariatur sit dicta qui vitae labore.
At quam nulla sed totam voluptates rerum. Dolorem velit tenetur voluptatum magnam fuga mollitia est pariatur. Magni rerum aut rem expedita. Beatae autem et minus est harum.
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...