EB In Chicago ---> PE in NYC (the logistics)

first of all... is this even possible or is there a very, very large HH recruiting bias towards NYC for MFs and UMMs? Secondly, if this were possible how does one organize their process so that they can maximize their chances (I understand that physically meeting the HHs will be very valuable from what I have heard). Would appreciate any insight (idm info on SF PE too) thanks :)

Luckily, this is not my personal situation, just curious to hear from people.

Comments (5)

Jun 9, 2019 - 5:02am

thegreatspoofing, sorry about the lack of response. Maybe one of these topics will help:

  • Elite Boutiques in New York: 2020 With 2020 SA recruiting approaching, would love to hear the community's thoughts on these NY ... EBs in particular: EVR, CVP, LAZ, PWP, PJT, MOE. Interested in a holistic ranking / discussion based ... on culture, exits, generic prestige, analyst experience, and firm outlook. Thank you! Elite Boutiques ...
  • Living Outside New York City to Avoid NYC City Tax Jobs? Want to land at an elite private equity fund try our comprehensive PE Interview Prep Course. Our ... pain in the A and have some extra change for IDK a motorcycle? Different Address in New Jersey for Tax ... simply live in New Jersey as you will completely avoid NYC taxes this way. IlliniProgrammer- Hed
  • From Private Equity Associate to VP in Private Equity and I don't know the rationale. Compensation, Salary and Bonus in PE Private equity compensation ... primarily spent on a few different things. Here's a day in the life of a PE from @samoanboy, a private ... their time directly below. Day in the Life of a Private Equity
  • T. Rowe Price equity research vs EB in New York opportunity cost of foregoing an offer with an EB in New York, and the network/opps that come with it? Thanks! ... Two offers: one for T Rowe Price equity research in Baltimore, another for an elite boutique in ... New York. Which offer should I take if I want to be at a top fund (HF or long-only) down
  • Chicago versus New York So I know the top shops in New York and Chicago, but at what point are experiences in NY and ... those that have worked in both Chicago and New York, can you talk about the major pros and cons of each. ... Chicago equivalent? Ex: UBS-Chicago versus Bear Stea
  • PE / HF in Chicago What are the top 5 private equity firms and hedge funds in Chicago? And how do you get there from ... NY? ...
  • MM in New York or BB in Toronto? WB, Baird, etc.). Long term career goals would definitely be in the US (preferably PE or Corp Dev.) ... I already signed with the MM in NY a little over a month ago but just received a 1st round for the BB in ... worth reneging the MM in NY for the BB in Toronto if I end up g
  • More suggestions...

Fingers crossed that one of those helps you.

Jun 11, 2019 - 10:59am

Many prior topics on this, but in short:

  • Yes it is possible

  • No special process - just tell the head hunters you have a preference for NYC when you reach out to them. Head hunter intro meetings will be well before any recruiting kicks off, so just make your preferences known and be ready to move into a hotel for a week on a moment's notice when recruiting kicks off.

Jun 11, 2019 - 11:55am

Yep. I did also did Midwest -> Coast (was West Coast though) and it wasn't a problem. As long as you have a clear story about why you want to target a certain area, I don't think it's that big of an issue. Yes, recruiting / interviewing will be a bit more of a hassle with flights and time zone differences and stuff, but wasn't anything crazy.

OP, feel free to ask any more specific questions.

Jun 11, 2019 - 11:23pm

Thanks guys, I was wondering how Chicago's PE scene stood in comparison w some of the PE hubs like Austin/Dallas, SF, NYC etc? What about MM banks... do people have a good shot of exiting into a solid UMM in Chicago/outside if they are posted at banks like William Blair, HW, Baird etc?

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