Inside On-Cycle Recruiting: A Unique Journey

Private equity recruiting, specifically on-cycle recruiting, is a unique and intense process that differs significantly from traditional job recruiting. It typically starts 6-12 months before the expected start date and involves filling analyst or associate positions for multiple private equity funds within a few hours. On-cycle recruiting requires extensive preparation, including mastering technical skills and building a network of recruiters and industry professionals. The process involves a series of one-on-one interviews to assess technical knowledge, personality traits, and commitment to the job. Candidates may also be presented with case studies to test their modeling and business analysis skills. The final stage is receiving and accepting an offer, which often happens in the early hours of the morning. Leaving the current job for an interview is expected in investment banking, and building relationships through alumni networks and LinkedIn is crucial for expressing interest in private equity.