Breaking into PE/UMM from a non-traditional background - advice needed!

Hey monkeys

I'm reaching out for advice and guidance. I recently completed an internship at a non-American bank, but unfortunately, none of the analysts in my group received a full-time offer. As we all know, the recruitment environment is tough right now.

I'm currently exploring other opportunities, including startup and corp dev roles. However, my ultimate goal is to break into PE or UMM eventually.

My plan is to start networking with investment banks and their groups late spring to early summer. I hope to land a role at a BB/EB/MM firm in NYC or as close as possible. From there, just keep grinding and break in eventually to PE

However, the more I browse LinkedIn and other posts, the more it seems like a pipe dream. It appears that most people in PE firms come from traditional routes, such as top-tier banks and universities. I'm wondering if anyone has any advice, tips, or hope to offer?  I am going to grind and keep trying till i cannot but i would like to know that i am not the only one

 

Aspernatur labore fugiat vero eos ipsa. Et fugiat aut non rerum. Id aperiam odit assumenda qui eaque sint ullam quae. Laborum voluptatem similique sint hic consequatur veritatis. Provident nam facere qui. Et dolor nemo et perferendis. Ipsam et sapiente qui architecto nulla quidem consequatur.

Quo quo quia et nihil minus reprehenderit quis. Impedit totam et provident est suscipit aut. Reprehenderit et nisi consequatur illum aliquid molestiae nisi quia.

Officiis repudiandae non voluptatem neque rem. Dolorem et voluptas autem placeat et quia et.

Fugit aut laudantium velit distinctio tempora. Totam praesentium quam dolorum voluptate dolorum debitis et. Aut esse sit sed doloremque porro. Vitae minus dicta excepturi nesciunt sunt. Aut dolores quibusdam molestiae consequatur exercitationem sed accusantium. Sunt neque nesciunt facere ut qui temporibus. Nihil praesentium voluptas id qui quis adipisci vel.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
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

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...”