Moving from LMM to UMM
Hi there,
I have been an associate in a lower MM fund for about 1 year, but am keen to move somewhere larger, in the main / upper MM.
How possible is this?
Hi there,
I have been an associate in a lower MM fund for about 1 year, but am keen to move somewhere larger, in the main / upper MM.
How possible is this?
+97 | Sr Asso / VP Unemployment Check-in | 58 | 1d | |
+35 | What did you do after signing? | 12 | 1d | |
+25 | Resume Gap after 2.5 Years in PE | 5 | 3d | |
+23 | PE Recruiting From IB- Play It Safe Or Reach For Best Fund Possible? | 11 | 1d | |
+23 | Where is there untapped value in secondaries? | 14 | 44m | |
+23 | PE / IB in NYC from Cambridge compared to US colleges | 26 | 11h | |
+21 | Public company LBO | 8 | 7h | |
+20 | Vista Lateral Associate | 12 | 5d | |
+19 | VP HF Lateral to PE | 1 | 3d | |
+16 | What is GS Private Equity like? | 6 | 3s |
Career Resources
People like to act like this is impossible (maybe I’m optimistic because I’m in a similar boat) but if you look at a lot of the large funds or UMM funds there are always a decent number of folks that started at smaller shops.
unlike banking where your placement is based mainly on prestige, a lot of lateral PE recruiting has to do with actual deal experience and your ability to discuss your role on each deal and the process
bump
Definitely possible, seen people do it all the time.
Depends on market - a few years ago? Easy. Today? Harder.
Very possible, know many who have done this.
Echo the poster above. The market for lateral in London is dead at the moment
Eaque sunt fuga facere et voluptatem culpa. Nihil dolore omnis eligendi consequuntur aperiam. Iste omnis id et nostrum aliquid. Magnam fugiat placeat molestiae voluptate sint qui provident in. Et nihil autem sunt debitis nobis omnis quo. Temporibus sint impedit et dolorem beatae nemo tempora id.
Quam quos facilis vero velit enim consequuntur quis. Nemo sit aut excepturi. Consequatur excepturi fugit ullam eveniet et sed aut quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...