{ "media_type": "text", "post_content": "Maybe dumb question but what is the overlap between consulting and PE? See a lot of talk on people wanting to move to PE and not so clear on what the job entails. Appreciate any clarity 😅", "post_id": "5f751cdf5f4f290022fa90bc", "reply_count": 7, "vote_count": 7, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
null

Maybe dumb question but what is the overlap between consulting and PE? See a lot of talk on people wanting to move to PE and not so clear on what the job entails. Appreciate any clarity 😅

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Usually in PE, you’re identifying ways to better structure a company to become a more profitable entity. There’s restructuring of the capital stack (generally more debt) but there’s also redundancy elimination, selling off of non-key assets, better monetizing valuable core assets, and streamlining/digitizing operations. All operations-related improvements heavily overlap with consulting.

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^D1 said it well; I’d add on that larger PE firms often have dedicated operational roles (something like “Portfolio Operations”) that do operational improvement work for the firm’s portfolio companies. This is not an investor role, and the operational side is usually where I see most fellow consultants jump to. It’s really hard to get onto the deal team side if you’re not coming from banking or something of the sort.

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Yup S1 is right. Hard to get on deal side directly. Have consulted for PE firms in current advisory role - interesting work but their own ops people usually don’t know industry nuances which you can bring in from consulting side. Decent lateral role.

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Private Equity

Long hours

Thanks everyone! Makes sense and helps a lot :)

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