Is "Big4 Valuation -> PE" Reasonable?

Yes I know that this exit is possible if you network enough, but really what isn't. I'm just curious if the types of skills you build in Big 4 Valuation are transferable and attractive to PE shops. 

 

Huh, that is not very intuitive to me. I would have assumed valuation skills are more immediately relevant in PE than IB. My suspicion was that someone from a more consulting-esque role (basically just client-facing) would end up in IB and more technical positions like Valuation would segue more naturally to PE. I guess that shows I don't really know what I'm talking about. 

 

https://www.wallstreetoasis.com/forums/is-it-possible-big-4-valuation-to-tier-1-pe

Linking to the last time it was asked. Short answer is no, valuation is better suited to middle / back office roles at funds. You don’t develop any of the deal process understanding, business diligence underwriting, or financial structuring that PE funds are looking for. 
 

That said, it segues nicely into what IB analysts do (lots of modeling, cleaning data, and linking financial statements… analysts are much less client-facing than they’d have you believe).

Agree with the above, occasionally people will move into PE, but if that’s your end goal you’ll be much better positioned if you lateral to banking first

 

Valuation roles as another poster noted are great backgrounds for middle & back office roles at investment funds. Valuation skills are well suited for portfolio management roles where you’re actively monitoring portfolio companies after the investment team has executed the transaction and you become the point person in managing the asset (quarterly valuation work, interacting with auditors, helping out with amendments and workouts, etc.) 

 

That's interesting but I'm not totally sure that's for me. I really just like the research. The process of learning about a company to develop a well-informed, holistic valuation is the appealing part, not necessarily the hard numbers. This is the first job in my professional life, and I'm honestly not an expert on anything, so do have any recommendations for setting myself up to move into a role where that is emphasized?

 

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