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How hard is it to break into private equity if you’re starting at a Tier 2 investment bank?

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Natalie
Coach
am 1. Apr. 2025
Ex-Investment Banker | Former Deloitte & Grant Thornton | Coaching Finance Candidates to Ace Interviews & Land Top Roles

Hey there, 

it's definitely doable. I’ve coached a few candidates who made the jump from Tier 2 banks into private equity, and I’ve worked with colleagues who’ve done it too. The main thing is that you’re likely competing with people from top-tier banks or elite boutiques, so you need to make up for that either with really strong deal experience, a solid network, or ideally both.

What helped my candidates was being super intentional. They knew the kind of PE firms they wanted, tailored their story to highlight relevant skills, and prepped hard for the modeling tests and case interviews. It’s not impossible at all, just requires a bit more hustle and a clear strategy. 

If you’re willing to put in the work, there’s definitely a path, so let me know if you need any support. 

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