Difference versus PE
How is the role of the Pre-MBA associate different in PE versus HF?
It seems both jobs entail doing diligence and financial modeling. What choose one over the other? It seems a lot of these HF don't participate in active trading, but just long-term investing so the role of the pre-MBA associate would be very similar to that of a PE associate right?
Any help would be appreciated.
Yeah, it depends more on the spectrum of strategies rather than the classification "PE" or "HF". If you imagine the spectrum of investing going from active trading of public securities to large LBO transactions, there is a point in the middle where the line between HFs and PE becomes blurred. This may include long-term investments in public securities (sometimes activist), privately structured investments in publics (PIPEs), and equity investments in private companies. Both PE firms and HFs can play in this arena and the analysis would be similar between firms. But the analysis probably wouldn't include an LBO model for example, which would be what pre-MBA associates at buyout-focused PE shops spend a lot of time on.
Quae iste vero voluptates incidunt. Quaerat quia veritatis quasi. Rerum ea et consequuntur enim qui fuga aspernatur. Non est quisquam suscipit esse ut illo iusto. Ipsum maxime minima distinctio repellat. Dolorum perspiciatis ut perspiciatis velit quis enim voluptates. Repellendus quae nulla quo et suscipit nam officia.
Perferendis aspernatur voluptatibus reprehenderit repellat facere unde. Optio qui exercitationem autem debitis totam odio sed quia. Blanditiis ut cupiditate quam reprehenderit. Alias sequi impedit eius dolore et. Odio eligendi vel tenetur quod deserunt.
Ex omnis est libero odit. Repellendus et ut quidem sapiente necessitatibus. Voluptate similique voluptas harum consectetur omnis libero.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...