AM/ investing roles at LPs of AM?
People keep worshipping the traditional coveted buyside roles like AM, HF, PE, but I wonder how the landscape is like recruiting for the huge LPs like the endowments, foundations, family offices, trusts, pensions, insurers etc. The ones that probs do more work centered around diligence on managers and are the clients of the Blackstones, Blackrocks and Carlyles of the world.
People almost never talk about this and I wonder if it'd be a valid fallback option if you flame out at recruiting for the traditional buyside firms. Or maybe these only exist as an exit for PE/ HF investors since teams are so lean
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