Blackstone KKR TPG etc — What are your hiring attitudes towards McKinsey / BCG / Bain alums for slightly more senior positions (e.g., principal)? Is this a case of ‘never because banker or bust’ or ‘only if relevant sector expertise’ or ‘quite common, please apply’?

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It’s rare to come in at a senior level from either banking or consulting, but once you’ve made the switch to PE I don’t think where you did your analyst years matters

It would be virtually unheard of to enter PE for the first time as a principal. You would have no network and no ability to lead a deal - would take years to get to the same level S homegrown peers

Pretty much impossible (never says never) for deal team

I've seen several cases of MBB -> MM Fund -> MF
I've never seen direct MBB -> MF other than Bain Capital, which is arguably a declining firm
Source: Work at MF and 5 years in industry

Thanks so much, P1! And why is that would you say?

Basically just that MBB alums are unlikely to have the training or more of a supply issue or something else?

Different skill set

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