IB and PE Industries

I know both respectively, from what I’ve gathered, could care less about the CFA charter. My question is why though? Between Level I and II FRA/Equity, I’d argue the skills and knowledge gained there are extremely valuable for IB and PE, at least at the Analyst/Associate level.

Anyone care to add or share why these industries do not care or place as much value on the program vs. AM, RIAs, Hedge Funds?

its all about who you know vs what your model looks like

Can’t argue there, I know guys in IB that make way more than what they are worth given their technical skills and fundamental finance knowledge.

CFA is mostly used for marketing. Seems like it works better in gathering assets for stocks vs making deals or buying private companies