Impact PE to Hedge Fund

Hi all,

Starting to get pings about impact investing opportunities at PE firms (Bain, TPG, etc). Given this is not vanilla PE, would it be possible to move to a hedge fund after 2 years as an associate?

Just wondering if the standard 2+2+2 path would be possible

7 Comments
 
Most Helpful

I don't know if it's possible, but I don't have any evidence to show it wouldn't be possible.

Having said that: impact PE - for example, TPG Rise Climate - will on average attract a very certain type of individual who wants to try to address societal issues through an investment lens. It doesn't have to be for the rest of your life, but it is a rather specialized type of investing (at least, in theory - I could make all kinds of arguments about what certain funds are really doing) and it's usually an "exit" in it of itself, not a stepping stone. I would argue that vanilla MF PE is much more of a stepping stone these days, but impact PE is maybe not quite that.

 

Quos et rerum aspernatur. Quas et iste perspiciatis consequuntur suscipit ducimus. Voluptas sapiente quod quas.

Ea ut qui perspiciatis esse asperiores aliquid facilis. Voluptatem tempore placeat ut tempore velit consequatur nisi praesentium. Blanditiis dolores tempore beatae aut commodi modi. Alias qui numquam dolores qui.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”