Hey guys, need some advice. I'mbut would like to eventually transition into private equity. I have an offer from an elite boutique IB for a private capital advisory role where it seems that I will be doing a mix of advisory and capital raising for PE funds. On the advisory side, they seem to do a bit of everything: direct M&A, joint ventures, fund recapitalisations, spin-outs etc. I understand that the modelling work on the advisory side is way more important for eventually doing PE down the road.
Question: Do you think PCA is a good stepping stone into PE eventually? Given my current role, it will be difficult for me to move straight into PE given I have no direct modelling/deal experience but my thinking was that PCA is possibly a good way to learn more about the industry and eventually transition?
Thanks in advance!