Advice on moving into E&F post PE

Based on the most helpful WSO content, making a transition from PE to an endowment & foundation (E&F) role is a significant career move that many consider for various reasons, including the ones you've mentioned like lifestyle/work-life balance (WLB) and impact. Here are some points to consider based on insights from similar discussions:

1. Career Path and Flexibility: Moving into an E&F role can indeed offer a different career trajectory compared to traditional PE roles. It's important to assess how this move aligns with your long-term career goals. While transitioning back into direct investing later might be challenging, it's not impossible. Building a strong network and staying updated on industry trends can help keep doors open for future moves.

2. Compensation: It's common for roles in E&F to offer lower compensation compared to PE, primarily due to the difference in the work's nature and the sectors' profit motives. The offer you mentioned, $130k base plus a 25% bonus in a Tier 2 city, reflects this difference. When evaluating the offer, consider the cost of living in the new city and the value you place on the improved WLB and the role's impact.

3. Negotiation: If you feel the offer is low, it might be worth negotiating. Use your experience and the value you bring to the table as leverage. However, keep in mind the industry standards for E&F roles and set realistic expectations.

4. Impact and Satisfaction: Many find roles in E&F to be highly rewarding due to their impact on society and the opportunity to contribute to meaningful causes. If these aspects are important to you, they should weigh heavily in your decision-making process.

5. Lifestyle and Work-Life Balance: E&F roles often offer a more balanced lifestyle compared to the high-pressure environment of PE. If WLB is a priority for you, this could significantly enhance your overall job satisfaction and quality of life.

In conclusion, while the transition might come with certain trade-offs, especially in terms of compensation, it's crucial to weigh these against the benefits you're seeking in terms of lifestyle, impact, and career fulfillment. Engaging with professionals who have made similar transitions, possibly through networking or forums like WSO, could provide additional insights and help you make a more informed decision.

Sources: HF to PE post-MBA - my story and seeking advice (long-time poster)!, PE Lateral Recruiting Advice/Stories/Help?, Career Move - Corp to PE/HF in "late" life stage, Ask me anything - Non Traditional Background to MM PE to H/S/W, Advice for New Analysts Seeking PE Exits