I’m an early tenure EM at McKinsey’s PE practice with mix of transactions (30%) and portfolio work (70%). I want to end up in PE Ops but in 2-4 years, done with McK and looking outside now. Would spending a few years in industry roles (corporate strategy, corporate dev, and chief of staff) negatively affect my chances of landing PE Ops roles, vs applying now? I assume it’s better than staying to make AP given real industry exposure outside but want to gauge with folks in PE Ops

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If you want PE Ops, give it a go now. If it doesn't work, go to industry and then try again. There are very few roles available so more shots on goal would give you a better chance at scoring. Don't be discouraged if the first time doesn't end up working out. The good roles are very scarce and competitive.

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Agreed

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It will help. Industry experience is a plus

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I think you can consider both approaches and see what bites you are getting and go from there. Both are good path to help you get to what you’re seeking. Some firms explicitly pull talent directly from consulting, others prefer/require industry experience in addition.

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