Hedge teams for the summer: special situations or long/short

I've been lucky enough to get an offer to work at a really well-known hedge fund for the summer. Of the two teams, which will position me well for the future? Background: target school, previous experience in M&A. First time working in a hedge fund. Come from a mathsy, non-finance background and also have many other career interests outside finance, so I am hoping to base my decision on both what would teach me a broader skill set and also what would appear more interesting/ valuable for future employers.

Thanks.

 

I agree with Matrick's POV. But all else being equal...

When they say special situations, would it include credit as well as equity? If so, I would take the gig. Learning to invest in credit / across the capital structure makes you a much more flexible and I'd argue better investor than a pure equity long/short guy.

If it doesn't include credit, I think I would take the equity long/short gig. Just better fundamental background/training than merger arb / spinoff life I would think.

 
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