Breaking into the industry can be difficult as recruiters often expect you to have some experience. Top employees are usually headhunted from investment banks and consultancies, to move over to private equity. Professionals in the top echelons of the industry - who identify opportunities, initiates and close deals - receive enormous compensation. Private equity firms employ accountants, analysts, lawyers and consultants to assess the potential profitability of deals and to manage acquired businesses.
Analysts
This entry level position would require you to analyse economic spreadsheet data, source new deals and liaise with potential new clients, create models, analyse and research the market to present to senior members to take to clients and conduct any other duties required. You will work with a cross section of professionals as you pull together information and resources.
Associates
This role is similar to that of an analyst but they will take on a negotiation role but will still support more experience members of the team. With three to four years of experience this role would require you to begin making contacts too.
Skills and qualities
Graduates seeking to work in private equity will need to demonstrate strong analytical ability and mathematical skills. They will need to be able to work effectively within a team and be confident and outgoing. An ability to develop and maintain strong and successful client relationships will also be essential.
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