Project Finance boutique --> LevFin BB --> PE? (London)

Assuming I'm from an undergrad non-target and postgrad target and that I join a boutique doing mostly project finance and some debt in an interesting niche market for an internship, would I have a shot at lateraling to a LevFin BB? The timeline would be:

Boutique PF/debt (natural resources, infra) - 3 months to 1 year (internship or FT)

BB LevFin - 1 to 3 years

PE

Would greatly appreciate if our London bankers could comment @Pan European Monkey" @French Hardo" @Gumball3000" 

I'm evaluating possibilities so don't hesitate to be tough.

 

NatRes/Infra doesn't exist in HY, and you will not model. You would have to recruit for entry FT roles rather than lateral roles to move to LevFin in my opinion. 

But why are you not interested on the NatRes/Ifra side of things? You could move to a Infra PE/Debt fund directly from such a shop if you are good - there is a good demand of talent in the space as many people don't consider this as "normal PE" and want to do normal PE.

 

Thanks a lot for the input.

I never thought about the PF -> PE infra way, what would the timeline look like? Assuming I am a good networker and can perform in an interview, would more or less of 1 year of PF experience allow me to break in?

Also, is the PE infra scene in London developed? I read in a WSO thread that some BBs also have franchises of that type.

 

Hi, I worked in an infra boutique as well (at an accounting firm's FAS arm, infrastructure finance, guess I've made myself very clearly where I work since you also work in this space). Feel free to PM me. I'm no longer than due to covid-19, but I'm well aware of previous analysts' exists and how to navigate yourself out of the infra consulting/advisory gig.

Persistency is Key
 
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