MM Mezz Fund Internship

xxxx's picture
Rank: Senior Chimp | 29

Hi guys,

Do you think it is feasible over 6 months to be brought up to a competent Associate / Snr Analyst at a 4/5 person Mezz fund, with limited debt experience?

I have an offer and need to consider day-to-day, how difficult is the job to be brought up to scratch in order to convert to full-time..

Please note I have c. 1-1.5 year M&A experience but limited practical LBO application and will be the only junior in the team for the first two months (with 3 directors)

Many Thanks!

Comments (8)

Sep 29, 2016

bump

Sep 29, 2016

What is the rest of your background? With that experience, I would argue coming from a target with a good GPA you'd likely be alright in FT recruiting, albeit recruiting is generally more competitive for FT than for SA. Do you have other opportunities against which you are weighing the Mezz fund?

Sep 29, 2016

IMO a summer internship at a mezz fund/BDC would be very relevant for both banking (especially lev fin) and PE

Sep 29, 2016

Thanks for the response guys. I'm weighing it against some MM IBD shops and some decent boutiques. Is it better to have a good Mezz fund on your resume or anything IBD?

Learn More

9 LBO Modeling Tests, 10+ hours of PE Cases and 2,447+ interview insights across 203 private equity funds. The WSO Private Equity Interview Prep Course has everything you'll ever need to break into the competitive PE industry. Learn more.

Sep 29, 2016

For obvious reasons, if you want to go in banking, MM IBD should be your first preference over a mezz fund.

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."

Sep 29, 2016
3334:

For obvious reasons, if you want to go in banking, MM IBD should be your first preference over a mezz fund.

Did OP say he wants to go into banking? He is trying to figure out the best position for himself long-term.

@"curiousquaker11" that is a sizable mezz shop. I'd take the opportunity and leverage your experience for FT recruiting. If you choose to try IB, you will have a leg up IMO. Not many interns get experience in that area of the capital structure.

If you are worried about placement, you could go with the MM IB. However, you go to a target, so I wouldn't be concerned with mezz experience to land FT interviews at these IBs or larger ones.

Sep 29, 2016
Comment