Leave Infrastructure pe for corp dev?
I’m in my mid-20s and currently a Senior Analyst at a small energy/infrastructure PE fund.
I came into PE through a nontraditional background and never did banking, so I’ve always worried that I’m behind technically. I now have an offer for a fully remote Corp Dev Analyst role at a venture-backed clean energy company (series c).
Salary comp is the same at both firms but I would miss out on incentive comp and carry. I’m pretty unhappy at my current firm. I get treated like garbage by an evil vp, compensation has been handled in ways I’ve found frustrating, the firm has had some liquidity constraints, (my bonus is partially vested u til a divestment closes which it hasn’t yet and it’d been months) and things have generally moved much slower than I expected when I joined.
The corp dev role would be fully remote , involve a lot of modeling, capital raising, strategic transactions, and broader energy exposure.
My hesitation is that I keep hearing how valuable it is to already have a buy-side seat and how hard PE is to break into. Since I got here through a less traditional route, part of me feels like I’d be stupid to give it up.