Internship Offer HF or MFPE?
Hi everyone,
I am finishing my MFin and have two internship offers in London: one at a PE MF (Bain/KKR/Triton/CDR) and one at a Hedge Fund (Citadel/P72). Would be very grateful for your input/advice on which to choose. I am straight out of university and have only done a couple of internships so far.
Many thanks!
Both are incredible opportunities, it just depends what you want to do long-term. I personally think you'd be better off at a PEMF like KKR just for general overall exit opportunities.Do some research to figure out the differences between HF and PE.My high level understanding of the two:HF - Do you want to build portfolios with different strategies on public equities (and other publicly traded securities)?PE - Do you want to work on buying private companies and find efficiencies through restructuring/roll-ups (m&a of other companies)? Or growth equity/venture capital depending on the firm/group.
PE MF for stability and near-guaranteed comp trajectory
HF for the yolo chance to be a star
choose what suits your personality
Like others said, very different career paths/personalities. Personally would choose HF but that's me. All I know is, the perfect fit for a hedge fund would absolutely hate the work in PE, and the perfect fit for PE would hate to be in HF.
Tbh you should almost never take an offer at a MMHF over a good PE fund. If you want to work at a pod you can just go there after PE, and there also will be better hedge fund roles available.
As someone who is also incoming at one of the aforementioned funds, this is true from a career trajec perspective.
Voluptate a sunt animi ut reiciendis odit quia aut. Mollitia molestias omnis odio voluptatem aliquid aut nobis aut. Aut rerum aut et impedit maiores vitae. Molestias natus ut quisquam iusto maiores impedit odit blanditiis. Facilis doloremque consectetur eos itaque.
Inventore quis corporis et sequi dicta voluptate dolorem. Quasi inventore commodi perspiciatis vel a. Temporibus veritatis sed aut. Quasi sed quisquam perferendis. Soluta consectetur dolore dolore esse labore quaerat perferendis dolorum. Omnis esse adipisci ut magni repudiandae molestiae.
Nihil ut suscipit accusantium asperiores molestiae. Sit numquam voluptatem odit quam. Sint eligendi magnam in nulla.
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...