FDD to PE

Is it plausible to go from Deals - Financial Due Diligence to Private Equity? I am currently set to work in FDD this summer and am evaluating the roadmap for a potential move to Private Equity at a technology focused firm (Vista, Silver Lake, etc.) after 2-3 years of full-time work. I would prefer to cut out Investment Banking, if possible, although I wouldn't be totally opposed to it. I just feel that the work crossover is similar between IB and FDD and besides the prestige I'm not sure if it is worth it. Thanks in advance!

 

Speaking from experience (did 1.5 year in Big4 FDD then lateraled to IB)

The only PE shops that will show any interest are <$150MM funds, and even then you will be up against stiff competition from anyone who has done IB, especially in this market.

 

Speaking from experience (did 1.5 year in Big4 FDD then lateraled to IB)

The only PE shops that will show any interest are <$150MM funds, and even then you will be up against stiff competition from anyone who has done IB, especially in this market.

Thank you for the advice. How long should I stay in FDD before I make a move to IB? And then same thing with IB for a move to PE

 

Do a year at a Big4 FDD place and move to IB. You can start recruiting for PE once you hit the desk in IB since the roles typically start a year+ in advance

 
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