McKinsey - Private Equity Practice

Kenyn's picture
Rank: Chimp | 9

Any information on this group? Seems like a large chunk of the work they do is PE due diligence, which should technically be ideal for PE exit opps from a consulting position. But a quick linkedin search doesn't show much, especially when most of their guys are from okay schools and non-IB/consulting summer internships.

Here's a description: http://careeredge.bc.edu/jobs/private-equity-analy...

Bain's PEG group seems to be a lot more legitimate and established, and has had consistent exit opps. While McKinsey's equivalent seems to be their Corp Fin practice.

Nothing much has been said about their Private Equity Practice. Would appreciate any insight.

Comments (27)

Mar 5, 2015

Many years ago, most BAs in the CF practice exited to PE, but that has dwindled mostly due to interest in other areas. Also, your search may be skewed as many people do not identify themselves as CF BAs on Linkedin. If you are interested in PE though, IB is a better way to go than consulting. If you insist on consulting, Bain is probably a better choice. As you said, they have a much larger presence in the PE space compared to the other 2.

To be clear, CF is a function while PE is an industry at McK. These lines are not clear though internally. A CF study can be a PE study or it could be any other industry. And people can work on these studies whether or not they are aligned to CF/PE.

Mar 5, 2015

Appreciate the insight, but not actually asking about their CF practice. Was hoping to get some thoughts on their Private Equity Practice group. (Thus PE industry coverage I guess).

Mar 5, 2015

What about it exactly?

Mar 5, 2015

Double post

Sep 4, 2015

bump

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Sep 4, 2015

bump

Sep 4, 2015

Interested in this as well

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditional formatting and circular references.

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2,037 questions across 209 consulting firms. 11 Cases developed by a McKinsey Associate, 10+ hours of video. The WSO Consulting Interview Prep Course has everything you’ll ever need to ace your consulting case interviews. Learn more.

Sep 4, 2015

they both have horrible exit ops, don't do either.No one will ever hire you.

Sep 4, 2015

Bain PE is much better. I argue that neither are great compared to BB front-office roles in IB

Sep 4, 2015

I know someone at a PE FoF who worked in MCK's PE practice.

Sep 4, 2015

I also saw someone moving from MCK to a top PE firm (in the Netherlands).

Sep 4, 2015

Bain's PE practice is better.

in reference to "they both have horrible exit ops, don't do either.No one will ever hire you"

What are you smoking? Both Bain Northeast offices send 10-12 associates (out of ~60) to PE firms; over half of those go to megafunds. That is pretty high on a mere percentage basis.

Sep 4, 2015

It's McKinsey. It's PE consulting. Does anything else need to be said?

Sep 4, 2015

What exactly you mean? those are different.

Sep 4, 2015

What do you mean, what do I mean?

Sep 4, 2015

10/10 would read again.

Sep 4, 2015

I think OP is referring to the Private Equity Investing group that is now in-house at MCK.

Yes, they have an investing group - but not sure if it is funded with principal or LP capital.

Sep 4, 2015

Partners' capital as far as I can remember, usually co-invests alongside the sponsors it advises. Talk about conflicts of interest...

Sep 4, 2015
Comment
Sep 4, 2015