FDD to PE

Is it plausible to go from Deals - Financial Due Diligence to Private Equity? I am currently set to work in FDD this summer and am evaluating the roadmap for a potential move to Private Equity at a technology focused firm (Vista, Silver Lake, etc.) after 2-3 years of full-time work. I would prefer to cut out Investment Banking, if possible, although I wouldn't be totally opposed to it. I just feel that the work crossover is similar between IB and FDD and besides the prestige I'm not sure if it is worth it. Thanks in advance!

 

Speaking from experience (did 1.5 year in Big4 FDD then lateraled to IB)

The only PE shops that will show any interest are <$150MM funds, and even then you will be up against stiff competition from anyone who has done IB, especially in this market.

 

Speaking from experience (did 1.5 year in Big4 FDD then lateraled to IB)

The only PE shops that will show any interest are <$150MM funds, and even then you will be up against stiff competition from anyone who has done IB, especially in this market.

Thank you for the advice. How long should I stay in FDD before I make a move to IB? And then same thing with IB for a move to PE

 

Do a year at a Big4 FDD place and move to IB. You can start recruiting for PE once you hit the desk in IB since the roles typically start a year+ in advance

 
Most Helpful

Architecto repellat temporibus perferendis fugiat error velit. Tenetur qui assumenda excepturi assumenda culpa. Id voluptatum temporibus perferendis voluptatem est natus. Temporibus fugit incidunt non. Ad ab vel animi est enim doloribus neque.

Unde facere nihil minus et ea. Iure quia quo assumenda et ex. Omnis vero sed nihil assumenda. Et aspernatur alias unde ea excepturi et quia. Necessitatibus et vel quo vitae.

Career Advancement Opportunities

June 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

June 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

June 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

June 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (389) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”