Early exit to small PE firm
Hi guys,
New account to discuss early exit from banking.
My situation is as follows: I received a FT analyst offer for a top team at (MS, JPM, GS). My long term plan has been PE for quite some time and I looked at IB as educational path to get there. However, I have been in touch with a few recruiters now to evaluate a potential early exit to PE (can't even call it early exit ;) )
I am now in contact with a small young PE firm that is looking for an Analyst in their team. They just raised around EUR400mm so a lot of opportunities for hands-on exposure. They invest in companies with equity injections up to 50mm so relatively small, however, I guess the exposure can be good. They told me I could get a lot of portfolio exposure which is something I highly value. We haven't talked about money yet, however, in any case I do not really care about salary at this stage of my career. I had two interviews with the team so far and we got along quite well. The team seems really strong (all ex MS, JPM, GS bankers) and I liked them.
My fear is that this is a bit of a risky move. It could be that I don't like the team or for whatever reason the fund could close and I am left with not much in my hands. I guess the exit ops in that case are very narrow.
I somehow tend towards the PE firm (if I get the offer), however, I guess I am thinking too short term and that long term 2 years of top BB on the CV are more benefital. Furthermore, that would open more opportunities later on for PE recruiting.
Has anybody gone through a smilar situation? Any advice from more experienced members would be highly appreciated.
Thank you guys!!
A couple thoughts on why I think you should take your IB offer:
Most important bullets.
What type of investing do you want to do? Top Bank - will drive offers and help with networking down the road Create your brand and put the bank name on your resume.
Thank you so much for your feedback
This is really helpful
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