Joining a PE firm with cash comp >$300k as an associate, 2 years out of undergrad. Say this not to flex (maybe a little) but also to encourage everyone to keep on looking - did all my recruiting over the phone from my living room and was getting frustrated at the search (wanted to leave mck and got rejected from a few funds) before this oppty worked out. Have faith fellow fishes! And feel free to DM with any questions, happy to try to be helpful if I can. Excited to say bye to consulting!!! 🥳🥳🥳

likefunnyuplifting
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works at
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I’m positive my firm’s reputation shall open similar doors.

likefunnysmarthelpful

🤡

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I’m at a PE fund, MM. Based on your comp assuming it’s a mega fund. Good luck. Getting the offer was both the best and worst day of my life. Last two years have been a blur. Define your goals early on. Ruthlessly prioritize. Understand what it takes to find balance. Makes me miss Bain. Only saying this bc I wish someone had poured some cold water on me early on. 😭

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I wholeheartedly agree - part of me wishes I hadn’t gotten any PE offers and was forced to do something else

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Recent IconRecent

Offcycle? What kind of fund? Did you go through headhunters? Did they reach out or did you? Thanks and congrats!!

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^yup agree with bain1. Offcycle UMM, through a HH (one of the consultant friendly ones - think Charles Aris, CPI, ratio)

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What size fund? Investment strategy? Howd you study for and pass modeling interviews? Or even get your foot in the door since PE notoriously prefers bankers over consulting?

For anyone wondering how Deloitte S&A does in this space, I got three interviews

LMM LBO firm - Investment Team, TC less than I currently make

MF PE - Portfolio Ops, TC a little more than I make but not enough to justify more consulting with less interesting clients

Growth Equity firm - Analytics, cut due to personality fit (fml lmao)

I leaned a lot on what little CDD experience I had.

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Yes M&A

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Bain define mega fund. I want this job.

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SC1 yes they are MFs- you can google pretty easily the largest PE firms and how big their last fund was/their AUM

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Congrats! Would you mind sharing more details about how this opportunity came about? Did you cold apply or network? What do you think helped the most with this vs your rejections?

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Any tips for improving on the finance side

Out of curiosity, did they ask about your rating / did it come up?

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Damn, that’s legit. Can I ask what group you were in at McKinsey? And/or what your undergrad was?

Was just a generalist BA- “group” isn’t really a thing at mck and doesn’t impact PE recruiting for BAs. Went to a top 20 school

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What city?

NY

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What’s your background OP?

Is this New Mountain Capital?

No, won’t share more details about firm but NMC folks are great. Very sharp

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McK tell us about your contacts at this fund. These jobs aren’t just given out. There must be a method to the madness.

No contacts. The method is headhunters reaching out

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Is this Blackstone/KKR?

No

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Congrats 🎉🍾🎈

As a generalist, how did you sell yourself to be as knowledgeable/more knowledgeable on necessary finance skills than bankers/traders? Also, what do you think were the key things about you that stood out?

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