BB IBD -> Megafund PE

Everyone always says GS/MS/JPM and M&A/LevFin/Sponsors for exits into a megafund after two years. When you take a step back and look at it though, that is a grand total of 8 groups, which is probably about 60 or so analysts a year.

So, for everyone else coming from a BB that is not necessarily the best, or a group that is not considered the best for PE exit ops, how does one get into a megafund? I know school, gpa, scores, work performance are all important. But what else can help someone get into a megafund?

Basically, how do you distinguish yourself from the pack of "mediocrity."

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Comments (6)

Sep 29, 2010 - 6:28pm
WallStreetOasis.com:
some other ways:
  1. Impress the recruiters (show them you are well put together and you know exactly why PE)
  2. Have great deal experience (somewhat luck what you are staffed on)
  3. Be incredible at interviewing (related to #1)

Thanks Patrick. Is there anything an analyst can do to get better deal experience?

Sep 29, 2010 - 7:33pm
BabyBuster:
WallStreetOasis.com:
some other ways:
  1. Impress the recruiters (show them you are well put together and you know exactly why PE)
  2. Have great deal experience (somewhat luck what you are staffed on)
  3. Be incredible at interviewing (related to #1)

Thanks Patrick. Is there anything an analyst can do to get better deal experience?

try to get placed in a group with good deal flow and perform well as an analyst. If you are a top performer, you will likely get staffed on the highest profile, most interesting deals....but like i said, there is also a lot of luck involved

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