What slower fundraising and stuck exits mean for private equity hiring, and for bankers planning a move to the buy side For most analysts and associates, private equity is still the default next step. It is also where the pipeline is tightest. U.S. PE deal value fell...
In the span of two weeks, both sides of the analyst-to-associate pipeline moved. On October 5, Citi said it is cutting its investment banking analyst program from three years to two. On October 15, Business Insider reported that Apollo is delaying recruiting for its...
Two hires in the last two weeks tell the story. On September 28, Centerview Partners brought in Bennett Schachter from Elliott Management as a partner to lead and expand its Capital Advisory business. Four days later, Piper Sandler lifted a three-person infrastructure...
The contract you sign on the way in decides how fast you can leave, and at the most aggressive funds that clock now runs as long as two years. For a lot of investment bankers, the dream exit is not private equity anymore. It is a seat on an investing team at a large...
For most of the past decade, leaving banking was treated less as a decision than as a milestone. Most bankers exited after two years for private equity, growth equity, private credit, hedge funds, corporate development or other roles on the buy side. The appeal was...
Blue Owl Capital: Private Credit's Reckoning Moment ℹ Blue Owl stock under pressure, down ~60% from Jan 2025 peak · Blackstone reports elevated withdrawal requests from lending fund · Hedge fund Rubric Capital warns of asset-liability stress in private credit · ...
