State of Private Equity in London?
Currently a 1st year IBD analyst at a mid tier BB in London (think Citi/BAML etc). Like many people in my situation, goal is to get into private equity in London but it does seem more competitive than in the US (i.e. less seats available, for more applicants etc.). I'm also a non EU/non UK citizen and don't speak fluently any mainland European language (i.e. only know English).
Was wondering how difficult it is for me as an international applicant (i.e. require Tier 2 visa sponsorship) and don't speak any European language to break into PE in London? I've already chatted to a few recruiters at big name (KEA, Blackwood etc.) and the impression i'm getting from them is that my chances are quite slim.
In addition, it seems that with Brexit uncertainty etc, lot of the deal opportunities in London are starting to dry up a little (or beginning to shift into mainland Europe anayway). So was wondering what the overall state of the PE market is in London for someone like me.
Can anyone shed any light?