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Buyouts Madness - PE Careers Panel
chikkman
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3-23-2008 11:09 PM
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pe careers
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/d1924447-7687-46e2-b2a4-8c83915adc31/0991F60C-64A7-4461-B43B-19AC4D785115/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.pehub.com/wordpress/?p=2199" href="http://www.pehub.com/wordpress/?p=2199" style="font-size: 11px;">www.pehub.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.pehub.com/wordpress/?p=2199"><DIV> The take-away point was this: Buyout pros want the background of their new hires to look like their own backgrounds. Firms populated with former consultants are more likely to hire a consultant; firms whose partners tout MBAs will probably require the same of their fresh meat. Finding common ground is especially important for those entering the field from a nontraditional background, Palmieri said. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.pehub.com/wordpress/?p=2199"><DIV> An MBA isn’t a must-have, she added. The degree opens some doors, and not having one closes others. But, she countered, “There’s a shoe for every foot.”</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.pehub.com/wordpress/?p=2199"><DIV> About 80 percent of private equity jobs are filled through personal connections—Palmieri stressed the importance of networking in one’s job hunt. Firms hire for two reasons: either they’ve raised more money, or an employee has left, and job hunters get access to info about those vacancies or fundraising sprees through their industry connections.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0991F60C-64A7-4461-B43B-19AC4D785115/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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