When to start recruiting for Corp Dev?

Started my first year in IB recently and have gotten some headhunter emails and Linkedin inmails about private equity already. I think I'm more likely to go down the Corp Dev route and I know the process is much less structured and on an as-needed basis. So should I realistically start looking and applying when I'm one year in? Earlier? Closer to 2 years in? I'm guessing if I were to find a Corp Dev job, then they'd want me to start fairly quickly after so its not something I'd recruit for way in advance. I know I'm barely into my IB stint but getting the PE messages made me start thinking so would like to get a better sense of how I should plan. 

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Comments (11)

  • Intern in IB - Cov
Aug 25, 2021 - 4:06pm

Boutique but not one that usually goes in the "EB" list. Don't want to debate semantics too much and im not that familiar with particular headhunters but these def aren't gonna be Apollo or KKR roles lol

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  • Analyst 1 in IB - Cov
Aug 25, 2021 - 3:57pm

I started looking around 3 months before the end of my first year and got the offer I wanted just before bonuses were announced. 

  • Intern in IB - Cov
Aug 25, 2021 - 4:08pm

So you left/are leaving right after your first year bonus? Been wondering if thats the way I should plan to go if I end up getting something or if there is some value in finishing the official analyst program after 2 years in terms of maintaining goodwill with my firm. Would it be burning bridges to leave after only a year, or would it be more understanding given that its leaving the industry rather than a lateral IB transfer or something like that? 

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Aug 25, 2021 - 7:16pm

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