I want to make it to American PE from Australia. What's my game plan?

Hello everyone!I'm a US citizen doing my undergrad in Australia and want to move back to the US at some point in the future to pursue a career in PE. Obviously, my geographic location poses some hurdles - Australian IB analysts at BBs typically don't move over to the US for 2-3 years, coming in as either a 3rd year analyst or 1st year associate. My understanding is that this will pretty much disqualify me from the typical on-cycle recruiting timeline that most analysts in the US go through. As such, I wanted to reach out to get some thoughts on what my plan of action should be.
Obviously, there's the basic path of landing an IB role here, transferring to the USA ASAP into 3rd year analyst and trying to land a seat from there. I spoke to a connection who had done something similar, transferring into a BB's NYC office as a 3rd year analyst and then moving into asset management, so I suppose it's not impossible. That's the only anecdotal information I have about that pathway though, so it might be harder than I think.There's also the difference in international rankings to consider too. Here in Australia, I believe Jefferies is our top shop for Sponsors, whereas in the US its JPM or BofA? If this is incongruous, should I select a bank based on it's American or Australian LevFin performance? Does it even matter?The other potential path is recruiting for PE as a graduate here in Australia for firms with an international presence. Blackstone has recruited seniors for their RE arm here, Bain recruits seniors for consulting (who place well in Bain Cap), and I'm sure there are others that I'm forgetting. Could landing a position her (either as a graduate or after a brief stint in banking) and then moving to the US as a lateral hire be a better method than the IB transfer?Sorry if this was a bit incoherent! I'm trying to get my thoughts in order now that the recruiting period is starting to ramp up.

 
Funniest

Perspiciatis et magni vel corrupti ex laborum cum. Laboriosam sed consequatur dolor error non numquam. Facere est quos fuga.

Voluptates consequatur quo sed aut eaque nam accusantium. Culpa natus qui sit reprehenderit ut quod aperiam. Fugiat placeat quis et at laborum consectetur.

At et deleniti dolorum et. Architecto consequuntur sapiente qui praesentium aut. Voluptatem totam minima vel quia.

Amet vel eos explicabo et at quia. Eaque mollitia a voluptatem voluptate laboriosam maxime.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (389) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”