Management Consultancy to PE
Hey,
I'm looking for some advice from the WSO community re. a move I'm thinking of making into PE
A little bit about myself:
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Currently a high-performing consultant at a boutique management consultancy, specialising in the energy sector (commercial strategy, market entry, cost reduction etc - plus significant work with PE firms). Despite being a boutique, it's well known in the sector. Good modelling skills etc.
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18 months out of undergrad (First class STEM degree from Oxbridge)
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Well connected in the PE world. A close family member has strong relationships with most MM/MF firms
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I've been at my current firm for a little over a year and have a couple of motivations for wanting the move - both drawing me towards finance, and away from consulting.
A couple of questions I have for you...
a) Is this is viable move? Or should I stop wasting my time now, and focus on doing a good job at where I am?
b) If this is possible (albeit with plenty of hard work) - what is the correct strategy for going about it? Can I apply straight off the back of some serious networking and a bit of self-directed learning, or would it require a number of stepping stones to get me to the right place, and then applying? Should I sweat the industry 'expertise' I have already built up, and work that into my case?
Would love to hear feedback from the PE forum
All the Best
a) Is this is viable move? Or should I stop wasting my time now, and focus on doing a good job at where I am? Yes it is viable
b) If this is possible (albeit with plenty of hard work) - what is the correct strategy for going about it? Do some networking, if you have the connections then it's gonna doable specially if you come from a well-regarded firm
interested too
bump...
Move to Private Equity from Management Consultancy (Originally Posted: 12/30/2017)
Hey,
I'm looking for some advice from the WSO community re. a move I'm thinking of making into PE
A little bit about myself:
Currently a high-performing consultant at a boutique management consultancy, specialising in the energy sector (commercial strategy, market entry, cost reduction etc - plus significant work with PE firms). Despite being a boutique, it's well known in the sector. Good modelling skills etc. 18 months out of undergrad (First class STEM degree from Oxbridge) Well connected in the PE world. A close family member has strong relationships with most MM/MF firms I've been at my current firm for a little over a year and have a couple of motivations for wanting the move - both drawing me towards finance, and away from consulting.
A couple of questions I have for you...
a) Is this is viable move? Or should I stop wasting my time now, and focus on doing a good job at where I am?
b) If this is possible (albeit with plenty of hard work) - what is the correct strategy for going about it? Can I apply straight off the back of some serious networking and a bit of self-directed learning, or would it require a number of stepping stones to get me to the right place, and then applying? Should I sweat the industry 'expertise' I have already built up, and work that into my case?
Would love to hear feedback from the PE forum
All the Best
Hi OCQH123, yes, I'm a bot, but I'm also good looking. Hopefully, these threads help you:
Or maybe the following WSO members have something to say: JP_337 secretguy Geoff-Malcolm
Fingers crossed that one of those helps you.
Yes, you can and probably should make the move. I suspect there are two ways to break into PE, one is you network and kiss ass and hustle and smooze yourself onto the radar and when someone has an opening, it might fit you. The other way is to figure out which doors can be opened. With a consulting background you can/should be able to get yourself hired on as a problem solver / operator at a portfolio company, prove yourself and build from there. You dont need to be an employee, make it easy for them and work as an affordable contractor with a great story. Do that and they'll take you. If you want to be a deal finder then go create deal flow and the PE funds will all recruit you. A smoking hot proprietary deal is like a gold nugget with plenty of folks happy to help you cash it in. Pick a specialty and be the very best at it, you'll accelerate much faster than generalists. Good luck
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