E26: Non-target to Private Equity - "It's a Presence" (Part 2 of 2)
Wall Street Oasis
Wall Street Oasis
4.9 • 534 Ratings
🗓️ 8 August 2019
⏱️ 34 minutes
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| 0:00.0 | Hello and welcome. I'm Patrick Curtis, your host and Chief Monkey, and this is the Wall Street Oasis podcast. Join me as I talk to some of the community's most successful and inspirational members to gain valuable insight into different career paths and life in general. Let's get to it. |
| 0:24.9 | In this episode, member KM190 gets into the details of what made him stand out from his peers |
| 0:30.6 | in order to make it to invest in banking and eventually private equity from a complete non-target. |
| 0:35.9 | This is part, this is part two of a two-part series since we go into a lot of depth. |
| 0:40.0 | In this segment, we cover his struggle to make the transition from investment banking to |
| 0:44.0 | private equity, as well as his jump from his first PE fund to the one where he currently |
| 0:48.4 | works. |
| 0:49.0 | Find out how he eventually broke in and why he left his first private equity fund. |
| 0:53.8 | Enjoy. |
| 1:09.6 | Music. he eventually broke in and why he left his first private equity fund. Enjoy. So, okay, you're at this bank. You're there for a few years. When does the whole private equity recruiting madness start do you do on cycle for you |
| 1:12.7 | know are you getting recruited six months under the job eight months under the job what's what was the |
| 1:17.6 | what was that whole spiel like or did you have to kind of fight for that as well you know I think |
| 1:24.4 | everyone has to fight for private equity jobs and look I, I think there is a mass hysteria, and I'm looking forward to discussing this with you in detail. |
| 1:33.8 | But I think there's this hysteria around private equity. |
| 1:36.9 | And a lot of people have major misconceptions about what this industry is and what the true potential actually is. |
| 1:47.0 | So I joined the standard recruiting, |
| 1:52.7 | you know, cycle six, eight months in, but to be very open and upfront with you because, |
| 1:56.1 | you know, I feel like on Wall Street Oasis, there's this misconception that you have to be polished, crystal clear, clear, ready to go at six to eight months or else you're screwed. |
| 2:00.7 | You know, I wasn't that prepared. |
| 2:02.3 | And so I actually struck out on a lot of my interviews initially. |
| 2:06.8 | And, you know, and you were ready for, you were ready for the paper LBO this time, though, I bet. |
| 2:12.2 | I was ready for the paper LBO. |
... |
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