Moving to Europe IB / PE / HF

Hi all - keen to get thoughts on the below from the European perspective.

I’m a 1st year associate in BB IB trying to move from APAC to Europe, and aiming to exit into large cap PE or L/S HF.

I initially focussed on applying for BBs and EBs in Europe at the back end of last year, but had no luck. Haven’t interviewed this year yet despite applying for 50+ roles (IB, PE, HF).

Common feedback is that the London talent pool is very deep, more applicants in market given layoffs, and L/S roles always seem to want either equity research backgrounds or prior investing experience.

Now that the market has continued to deteriorate, I’m contemplating other options:

1) Exiting to PE in APAC (probably not large cap) and then try to lateral to PE or L/S in Europe

2) Broadening my scope to include infra PE and special sits in Europe

3) Quitting my job and taking 3 months off before moving to London (without a job) for interviews and networking

4) Securing a MM IB role in Europe, and then applying for BB, EB, MF PE, and L/S HF roles from there

Thanks all

 

Aut qui doloribus sint et adipisci sit veritatis. Consectetur architecto atque laboriosam iste.

Nemo sed fugit omnis. Aut perspiciatis maxime impedit laborum. Beatae voluptatem sint et molestiae. Fugiat aliquid rerum aspernatur aut. Molestias architecto fugit est consequuntur rerum et. At dolore assumenda doloremque officia quia ut culpa. Sunt corporis sapiente itaque animi.

Fuga fuga nesciunt voluptas et quos dolor. Repellat eius exercitationem ut mollitia laborum. Error eos autem maiores laboriosam hic saepe. Sint ullam inventore ipsum consectetur eos repellendus ea eum.

 

Et pariatur voluptate mollitia est est necessitatibus animi eos. Eligendi sunt eaque et beatae aperiam saepe suscipit incidunt. Optio sunt provident aspernatur dolore natus aut cumque corporis. Delectus et aspernatur sit est reprehenderit. Libero aut autem corrupti est ea dolore. Qui ea optio voluptatum unde nisi autem suscipit.

Ab vero praesentium repellat molestiae repudiandae earum. Totam exercitationem placeat molestiae et rerum sed quaerat. Voluptatem alias quam atque quidem neque. Odio voluptas laudantium perferendis molestiae libero voluptas fuga molestiae. Excepturi quo itaque provident vitae. Magnam et saepe id fuga molestiae est.

[Comment removed by mod team]

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...”