How to Break into the Private Equity Industry with Paul and Kok

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My advice to you is if you are in more of a back office role in terms of like back office, in terms of an accounting role or like an administration role or like a compliance role, particularly like in a finance firm, like a bank or an insurance company. So maybe I would suggest, uh, I think something like an infant can be extremely important because essentially it will give you, I guess the, I guess the strength of the muscle to essentially get break into the front office. I think a lot of guys in the front office, they want to see those certain TVs and you need something that's gonna kind of break you out of the shell of being arm in the back office where the middle office, you know, and I think it could be something like that. The second thing I would like to do is, um, I would recommend maybe looking for a smaller private equity fund looking for uh, you find a lot of senior principles, uh, sometimes step out on their own and they'll go with the small team, Handful of people. I think partners group is a very big private equity fund and I think it's very structured, very organized, a lot of governance, lot of processes, procedures. If you can find something that's a little bit smaller, particularly quite personalized around founder around uh, a and typically it's some guy that did very well within a private equity fund, built up strong relationships, um, and built up a good track record and is now stepping out on his own if you can find somebody like that join them, because essentially in that instance, you would be responsible because it's such a small, such a smaller entity, you would be responsible for everything from back office to middle office to front office. Uh and I think that would give you the exposure of the front office. Now the challenge is obviously finding that because it's not really, that doesn't really happen every day and you have to be, you have to be speaking to a lot of people trying through relationships to find guys that are actually stepping out on their own. Um Yeah, and it can be very few and far between, and unfortunately there's no magic formula, you just got to get a bit lucky. Uh you find the right guy, he's starting his own fund and he's looking for somebody that can really, um, you know, uh, spread their energies or spread their efforts across the entire business. I think that would give you a break that you're looking for, It would give you the exposure to the front office and then really you can choose where you want to go from there. Do you want to stay with a small fund or do you want to then essentially take that experience and then leapfrog into, into one of the bigger brand name front, I think I think, uh, I mentioned is very right. So I think for the larger funds, they tend to have more specialized functions. So there might be a bit more challenging to break into, say, the investment side of those setup, but the smaller funds will be a bit more easier. That's what paul mentioned, because they could have five people and identify, we do pretty much everything and it's a chance to be kind of going in maybe on a dress with the main role of operations, but we must do everything from operations. So the investment and making sure the country assess everything, it's more, you do everything from, from, from, from, uh, from this, that the funding back.