I'm fairly new to WSO and in need of some advice. I am trying to break into PE (ideally in London) and as so many have a subpar CV for the industry. Rough overview:
German national with non-target undergrad, international experience including Big4 Acc internship in London. One year FT work experience at a Tier 2/3 consulting firm and going for a Mfin at a (depending on which ranking you believe) top 20-30 Uni in the UK this fall.
Now I'm wondering how to go about my path post Mfin towards a halfway decent PE shop. I'm in no delusion about ever getting into any MF, but a decent MM shop is my goal. I have thought about three different paths and have no idea which might be the most viable for me and don't really know how realistic any of these scenarios are.
- Try to do any M&A internship I can get post Mfin (It's a 1 year program, so no SA option for me). This would most likely be at a small, unkown boutique and would hopefully result in either a FT offer or the opportunity at a Tier 3 internship. Then work my way up to Associate lvl at whereever I land and move to PE from there. The issue I see is that I may only be able to secure a position at very unkown firms.
- Same as 1. but with very small PE firms from which I can hopefully move on to larger ones.
- Try to secure a FT position with a T1/2 Consulting firm (MBB, OW, ATK, etc.), hopefully in related fields and work towards a decent MBA program to then get recruited out of the MBA pool either into IB or straight to PE.
What do you guys think? Are any of these options a good idea? I'm trying to figure this out before I start my Mfin so I can focus on networking and applying with the right people and to the right firms. Any comment or hint is greatly appreciated!