Does anyone have experience recruiting for the consultant friendly operationally focused upper middle market funds coming from IB in Europe (e.g. Bain Capital, Helman & Friedman, Advent, EQT)? Did you perceive to be at an disadvantage compared to consultants (as is the case for consultants for most of the other funds in comparison to bankers), or was the playing ground more or less even?
Overall would also like to hear perspectives on whether to go to a strong BB (think GS/MS) or to a MBB (McK/Bain) if the goal is to end up in PE after 2-3 years, preferably at one of the above mentioned funds, but also considering the traditional more financial engineering focused mega funds as secondary options? I recon MBB would limit the scope of potentially available funds, but if consultants do have an edge for these funds I prefer, the trade-off might be worth it?
In case it matters, I have interned at both the BB and MBB, finding MBB work to be more interesting but being willing to go through the analyst years at BB if it gives better exit opportunities.
Thanks for any insights!