Coverage group, in the long term

NOT regarding dealflow, or those that pigeonhole due to unique industry (i.e. P&U, NatRes, FIG), how much does a coverage group matter for exit opps & overall? Assume industrials, consumer & retail, healthcare, etc are all equivalent prestige / dealflow. What are the longer term impacts of being in one over the other? Can you recruit at any PE firm, but only industry-specific firms will actively contact you? Is it more/less restricting? What about CorpDev - if you're in consumer, are your options limited to where you can go into corp dev? Or even Hedge Funds - does a healthcare IB analyst typically only end up covering a narrow healthcare vertical at a hedge fund?

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