Suggested/Necessary GPA for Middle Market Credit Fund or PE recruiting? (Intern or Analyst)
I am a current sophomore at a non-Ivy target B-school in the Midwest (think Michigan, IU, ND etc) and am curious about how my GPA will affect my recruiting in the Fall. I currently have a 3.47 GPA but will have a 3.5+ and am majoring in Finance. I have recently become interested in Private Debt/Credit Funds in Chicago (like Maranon, Madison Capital Funding, Deerpath etc) and want to know how my GPA will affect me, since it is not above 3.7.
I have strong club and leadership experience so far at school, have even started a couple projects/initiatives, and have a good LMM IB internship this coming summer. I have heard that even with networking and such that even Middle Market may be out of my reach even with a 3.5 because recruiters in PE/Private Credit (not necessarily MM just in general) care a lot about the highest GPA possible. Was wondering how true that is.
Does anyone have any advice for me regarding my GPA and the perception of recruiters in MM? And if my GPA is going to affect me a lot, how can I make the best of my situation?