freshman summer: repe vs corp pe internship to get pe after ug

hey guys, would like to have your opinion on this...

I'm currently a first-year at a continental european university. my aim is to get into megafund pe straight out of undergrad in london. I already have offers for two top BB M&A internships (one this autumn, one summer 2012) and plan on doing more internships.

now I have the opportunity to intern at a ~4bn real estate private equity fund in london in summer 2011.

would this hurt my chances to get corporate pe straight out of undergrad compared to an internship in corp pe? I'm asking because on this forum I get the impression that youre pigeonholed pretty fast in repe. I'm interested in both repe and corporate pe, but would probably prefer corp pe when it comes to a decision.

thanks!

Comments (5)

 
May 16, 2011 - 6:17pm

If you're a first year this is definitely not an issue. It will be a good experience regardless and will let you see the RE business early so you can decide if you really want to do it or not. Just be sure to do traditional finance stuff after this summer if you find that you'd still rather do corp fin stuff vs RE.

 
May 16, 2011 - 8:07pm

thanks! a further problem is that I think I need to chose my group preferences for SA 2012 before this years PE internship. so I'm not sure if I should go for M&A, Industrials etc or maybe real estate ibd group...

my reasoning here is: I already have M&A guaranteed at BB1 this autumn. BB2 does not guarantee group placements as far as I know but has pretty high conversion rate (in case I dont get the PE opportunity I want after undergrad), so in general, "traditional" groups like M&A or industry would be better for both corp pe after undergrad and analyst entry. but I think that M&A at BB1 and real estate ibd at BB2 combined with the REPE internship would give me great leverage for REPE after undergrad...

do you have any thoughts on this?

 
May 16, 2011 - 8:08pm

freshman summer: repe vs corp pe internship to get pe after ug (Originally Posted: 05/15/2011)

already posted this in private iniquity, but its more active here, so excuse the double-post:

hey guys, would like to have your opinion on this...

I'm currently a first-year at a continental european university. my aim is to get into megafund pe straight out of undergrad in london. I already have offers for two top BB M&A internships (one this autumn, one summer 2012) and plan on doing more internships.

now I have the opportunity to intern at a ~4bn real estate private equity fund in london in summer 2011.

would this hurt my chances to get corporate pe straight out of undergrad compared to an internship in corp pe? I'm asking because on this forum I get the impression that youre pigeonholed pretty fast in repe. I'm interested in both repe and corporate pe, but would probably prefer corp pe when it comes to a decision.

thanks!

Start Discussion

Popular Content See all

Girlfriend vs PE
+91PEby Investment Analyst in Private Equity - Growth Equity">Investment Analyst in PE - Growth
I’ll never take WSO for granted again
+51OFFby Principal in Venture Capital">Principal in VC
What's so good about Evercore?
+41IBby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
I'm tired man
+31IBby Intern in Corporate Finance">Intern in CorpFin
First year analyst, still feel incompetent and like I haven’t learned anything
+24IBby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A
Friends in IB are chilling hard, how can I get this?
+20IBby 3rd+ Year Associate in Private Equity - LBOs">Associate 3 in PE - LBOs

Total Avg Compensation

January 2021 Private Equity

  • Principal (6) $693
  • Director/MD (15) $627
  • Vice President (57) $366
  • 3rd+ Year Associate (60) $272
  • 2nd Year Associate (115) $245
  • 1st Year Associate (249) $224
  • 3rd+ Year Analyst (23) $162
  • 2nd Year Analyst (56) $139
  • 1st Year Analyst (163) $119
  • Intern/Summer Associate (18) $71
  • Intern/Summer Analyst (178) $59

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.8
6
frgna's picture
frgna
97.6
7
NuckFuts's picture
NuckFuts
97.5
8
bolo up's picture
bolo up
97.5
9
Addinator's picture
Addinator
97.5
10
Edifice's picture
Edifice
97.5