PE NYC in 2 years

Currently an analyst in BB in HK (think GS/MS/JPM/Barcap), really hope to go back to NYC in 2 years, perhaps through internal transfer or jump on to PE.

Questions:
1. How hard is it to transfer from HK back to NYC, coz certainly bankers in HK do not have as much deal exposure as an NYC banker, rusty tech skills?

  1. How to find headhunters that might connect HK bankers to NYC PE? Is finding headhunters even the right approach? Are there other ways? I never heard of/don't know if HK bankers get called by headhunters, let alone headhunters who are NYC affiliated.

After all, just really wanna come back to the states, it could be a small PE, could be in LA/SF/Boston...not sure.

Any input is appreciated. Thanks everyone.

 
Best Response

Your best bet is to transfer internally. It takes away most of the problems that you're facing. When I was in banking, HR was fairly open for analysts to transfer going into their 3rd year. If you think about it, most analysts leave after their 2nd year and thus everyone really values an analyst with 2 years of experience under their belt. In that case no one really cares whether you were in HK or somewhere else. Also, I think everyone knows that analysts in HK work really hard. It's on your own to figure out whether you can openly talk about this at your bank.

If you have a US citizenship or permanent residence than you can also consider recruiting at other banks for a position in NYC.

I would assume that transferring to PE from HK is pretty tough, however it should be very doable if you transfer to NYC for your 3rd year.

 

It is really hard to come back to the states. That is why students tend to choose MM, elite boutique over BB in Asia.

I agree with wallstasks. Depending on your firm, trasferring internally could be done pretty easily. After a year you should be able to land jobs at NYC PE.

 

I'm sorry that I am going a little off-topic, but to land a job at a BB in HK do you need to be fluent in Chinese/Cantonese? Given Hong Kong's history I would assume English is the language used for business.

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 
J_monkey:
goodL1fe:
I'm sorry that I am going a little off-topic, but to land a job at a BB in HK do you need to be fluent in Chinese/Cantonese? Given Hong Kong's history I would assume English is the language used for business.

S&T- english is fine IBD - I believe Chinese is a must.

Thanks. +1 SB.

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 

Cum veritatis vel in sunt dolorum aspernatur. Debitis quasi et voluptatibus numquam. Itaque explicabo deserunt illo eius nihil quia voluptate adipisci.

Quam eos cupiditate laboriosam amet in. Aliquam dolores quibusdam ducimus. Doloribus dolorem ad praesentium a nulla. Aspernatur in rerum molestias aperiam corrupti pariatur aperiam.

Id dolorum consequatur et quidem dolorem et dolorem. Odit quam animi ut optio modi aut et. Rerum suscipit est ipsum quae quae quo. Sit voluptatum commodi consequatur omnis. Ut iusto sed magnam reprehenderit nam sunt dolor. Quas laudantium necessitatibus ut commodi. Ut tempore minima ut corrupti ullam modi.

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 (389) $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...”