Recruit PE/HF from a shit bank or lateral?

Hi all, I work at a shitty investment bank and it's not exactly well regarded. Do get some looks from private equity and hedge fund from time to time. My total exp is just over 2 years. Have been in banking for 1.5 years. 

The thing that bothers me is: should I first lateral to a better bank or should I recruit for PE directly? Right now the whole world seems to be in a global recession mode and the lateral market is not as hot as people were saying. 

Concerns:

(1) If I lateral to a better bank, I'd be seen as a job hopper if I decide to recruit for buyside in 1-2 years

(2) If I stick it out at my current bank, because of its mediocre reputation I absolutely won't get looked at most reputable PE shops

(3) If I lateral to a better place and stick it out for 2-3 years, I'll be Associate/Sr. Asso level and that might not be the optimal time to recruit for PE?


Feeling stuck. Anyone? 

 

Similique ea et debitis repellendus quis alias neque. Aut ut similique aut dolores.

Velit saepe minus nihil quidem est vel. Modi nesciunt nihil saepe ipsam harum sit.

Molestiae temporibus voluptas nihil omnis ducimus odio. Velit beatae voluptatibus dicta consequatur voluptates doloremque sapiente reiciendis. Ab laudantium aut et fugit eos. Sint qui sint soluta commodi dolorem.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
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...”