To start a career, try for a big fund or a small fund?

In general, do you guys think that is it better to start a career in a small fund ( and with that having a opportunity of years later being a partner) or try to start in a larger fund ( where you will be with people that are reference in the area, but with a low possibility of getting a partnership in mid-long term) ?

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Instead of all of that stuff on size, the ideal place is where you have colleagues/bosses who are good people who will help you out (and vice versa when the time comes), so that you can develop your skills, feel supported, and be a happy/productive professional and person. That will build the blocks to partnership or whatever else may come in your future.

Good Luck

I used to do Asia-Pacific PE (kind of like FoF). Now I do something else but happy to try and answer questions on that stuff.
 
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I would always start at a large firm if possible, and that advice is true whether it's IBD, AM, consulting, whatever. Large firms have brands that are instantly recognizable and will distinguish your resume which will help you long term. If you work at a tiny firm that nobody recognizes you're betting a lot on the future of that firm. The chances that your first job will be somewhere you stay LT are pretty low these days, I wouldn't even think about that.

Another way to think about it is it's easier to start at a large firm and go to a small firm, but difficult to do the opposite. People go from JPM, BCG, and Capital Group to smaller firms all the time, but the opposite is generally not true.

 

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