Comparing Junior Summer Internship Offers

Earlier in the recruiting cycle this past summer, I signed an offer with a FoF for Summer 2022 after really clicking with the team and realizing that they did a lot of co and direct investing compared to their peers. Recently, however, I was offered a spot for next summer at a long/short credit hedge fund w/$2B AUM. The co-founder and their partners worked together at a big HF for a while (think Citadel, Bridgewater, etc.), plus the firm is quite established.

I know for a fact that I would enjoy the FoF city more than the HF, but am concerned about mobility if I stick with the former opportunity knowing that I really want to be on the public equity side of things (for example: I am very interested in opportunities such as the Millennium Management-UBS partnership for full-time). Which internship would set me up better for the future? Should I go for the city that would enhance my lifestyle, or the firm that may help me get as close as possible to the day-to-day work/learning/exposure that I want? How would one go about reneging for the latter, if necessary? 

7 Comments
 

thanks! can doing long/short credit enable me to make a move to long/short equity in the future, esp in the dream city where my current FoF is?

 

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