Is the value of networking in PE recruiting significantly diminished compared to IB recruiting because of the presence of headhunters in the process?
I'm thinking that networking will be less useful in landing interviews since headhunters are mostly responsible for that. But would I be correct in assuming that networking is still useful in that it can help you learn what makes the fund unique which can help you interview better? Or perhaps making your face recognized around the fund so that once you have an interview you're more likely to succeed since they've seen you before?
Any other differences to mention for PE recruiting networking vs IB recruiting networking?