MBB to startup S&O to PE Deal Team?

Did my two years at MBB in SF/NY (also went to an ivy if that matters), but unfortunately did not land a PE job, so have joined a startup in an S&O role (yes I know it might’ve been beneficial to stay at MBB, but market conditions were making it tough though I still left with good reviews and an offer to return ).


How possible is it to transition to PE still? Is all hope lost? Would top VC shops also be possible (I want to go to PE but I know VC might be slightly more adjacent)? I feel very hopeless and lost.

 
Most Helpful

Have seen some people do this before to smaller/newer funds (saw someone do this from Bain -> S&O for a year -> Associate at Haveli). Would surmise it’s much more difficult to do at established funds that have been around for a while, but does not seem impossible if you stay in the loop with headhunters and recruit for pretty immediate start dates. I would think this also becomes more exceedingly difficult the longer you wait to recruit

 

Agree with everything said above. Smaller/newer funds are the way to go since they have a hard time luring people with PE experience. Ask HHs to focus on those opportunities.

I would also try to make the move fairly quickly, like within a year of start or less, otherwise your peers will just get too far ahead of you in the PE skillset

 

Nulla nesciunt occaecati deleniti quaerat. Dolores quis tempore amet ad quia est nihil exercitationem.

Est sunt veritatis dolorem voluptatem ut fuga. Suscipit dolor assumenda ratione enim enim vel eaque minus. Et est nihil quisquam unde repudiandae minus. Vero deleniti tempora delectus odio quibusdam unde. Sint dolorem laborum nobis provident.

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...”