Curious to hear people's experience of moving from a consulting role to a PE investment role at associate level. Did you feel like you were disadvantaged relative to your former-IB peers due to no real transaction experience? How do the skills translate?

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Potentially interviewing for an investment role and am nervous that I would be at a disadvantage if I were to work there. I've done formal modeling training but wonder how much that really helps vs. Real transaction experience

Maybe I'm just intimidated by the IB-backgrounds of their other associates

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