What do PE shops start VP’s at post MBA? Is the VP role the same as someone who maybe went straight through? For example.. if I’m a consultant with no investing experience and I land a summer VP and full time ultimately at Bain Cap... am I viewed the same as the kid who did 2-3 associate years first and is coming back?

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I know in general this is just super rare (but I think can be done if you have deep niche content knowledge in a space of investment - eg have a phd for life sciences investing) - the reason why is because there is so much in the investment process that is more PMO/process-ey that you just need to pick up as an asc and is important to know if you’re quarterbacking a deal. I don’t know if this is helpful- I guess the firms that would do it are ones with a very specific sector of focus

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I think comp is going to be the same (or very very similar) for VPs that were asc and ones that weren’t. Check out heidrick & struggles they have a good PE comp report every year

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FWIW - Using Bain cap as a reference because I have seen that before. But relevant for any UMM/MF or strong MM player.

I know at Blackstone MBAs start as senior associates which is the title of someone with 4 YOE out of college who joined as an analyst

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