Trying to network but people I network with keep telling my boss I'm looking to move to PE/VC!

I work in consulting in a sector focused PE DD group. I am trying to recruit for PE/VC for sector specific funds that operate in the same sector. I am doing good networking at all of these funds, but I keep running into a problem:

My sector is a small world, and some of the people I network with have called the leadership of my group at the company I'm currently at and told them I'm talking with them! It is definitely not like IB where they expect you to go. They just call them up and say something along the lines of "Hey, you know this kid who just started, Making Gravy? Yea he's trying to go to VC/PE, we talked on the phone, heads up."

What do I do? It's almost a catch 22. If I don't network, I can't get in, but if I do network, half the people will just go tell the leadership of my practice.

 
Best Response

Try to find out why these people are telling your boss about your conversations with them. I have a feeling that they are telling your boss because they want to know whether you are a good worker and whether it makes sense to have you join them. If you are certain that your boss has been told by many people that you want to go for PE/VC, then you might want to think about casually talking about it with him.

I know you said it's "definitely not like IB where they expect you to go," but try to see if there are some people who actually made the move in your firm and see if they might be able to help you approach the issue.

 

Et libero quas maiores ipsam sint minus ducimus dolorum. Perferendis voluptatem qui eveniet voluptates et amet. Officia totam repellendus ea ipsam voluptatibus.

Career Advancement Opportunities

May 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 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”