Proposing an Unpaid Internship at a Mega Fund

So I already have a FT offer at a top BB. I graduated back in December and have been traveling the world, balling out etc.

I have been put in touch with a friend of a friend at a megafund (Carlyle, TPG, Silverlake) and was thinking about asking him whether I could spend a few weeks basically seeing what he does and just getting some experience in PE.

My two questions are

1) Would they even consider this?
2) How would you approach this? Would you ask outright if they are doing internships or would you recommend just asking whether I can follow my contact around at work and maybe help out?

Appreciate the help fellas.

 

do u really think they will accept you, just because you're willing to go unpaid???? these guys are loaded and they can easily pay an intern 2-3k/per month. You'll end up discrediting yourself by doing this. Ask your friend if they offer any internships/work experience but for fack sake dont mention anything about "willingness to be unpaid". I'm saying this from my own experience.

 

Big firms don't do unpaid internships. It is against employment law anyway. Smaller shops are more open to this because they either dont care or don't know.

Try for a normal internship and if that fails, see if they can help you find another internship. Youre showing desire and networking which is good. Keep it up!

 

Yeah this isn't going to happen for the reasons mentioned above. And you working at a BB soon would only make them less likely to do this (with the information you'd see). Just keep in touch with the contact for a year from now for PE recruiting-it's not that long away!

 

Ut et voluptatem quis voluptatibus. Vel aut dolor voluptates cumque ex unde. Dolore autem aut molestiae. Quos nihil quis sed. Doloremque blanditiis odit dolorum pariatur. Ab rerum magnam et provident nulla nesciunt voluptatem.

Voluptatum earum magnam laborum optio eius corporis a occaecati. Perferendis aut velit exercitationem qui aut sit.

Et ex natus odio doloremque atque voluptatum. Dolorem quaerat optio aspernatur earum provident ut. Rerum distinctio dolorem autem aut laudantium.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”