I am a senior in ug who will be going to an analyst gig at a large allocator. No co-investing, just allocating to managers in a given asset class (endowment style). I would like to work at a pod on the direct side. Is this possible without MBA? I have seen some previous analysts from my program pivot to SS ER, but none directly to pods (or direct L/S). Can this be done through self-learning & networking?
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Haven't seen it, and would be surprised. Do you learn how to model being an allocator?
Moving into ER and then L/S is probably the move.
I think you just mainly model on the LP level.
What does that look like? Genuinely curious. Modeling usually means 3 statement, Rev Build, DCF,etc. Company specific.
No clue that’s just what I heard
disagree with previous poster. if you have good pedigree and work for a good allocator, you have a chance. for example, have some across some ex-yale investment office guys at HFs.
While it may be possible from allocator to HF, you have a very good shot going through SS ER. I have previous experience at an allocator and had no problems getting looks from SS ER. I got a few initial looks from buyside but nothing more and I think that was mostly due to my networking and sending a pitch where my thesis ending up playing out.
OP here - could I PM you?
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