LMM PE to small HF?

How doable is this from each level and what is the role of an MBA? Associate - Partner

In addition, fund strategy matters quite a bit correct? PE doesn’t exactly translate to vol control funds, but I’m interested in hearing opinions.

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Long-term adjusted earnings are generally better for PE since there's generally accepted longer survivability vs a HF where all it takes is a few really bad quarters and you're hosed. If you're going to leave a decent PE seat, incl. LMM, for a hedge fund you should target places that likely have some staying power and a track record. Startup funds are always risky, but you basically do the same calculus as looking at a startup PE fund by checking management's pedigree and if they have any track record indicators you can find.

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