At a crossroads in life
Hi everyone,
I'm finishing up a term at a PE fund and could use some advice. I visit this forum for guidance from people in similar situations to my own. Sometimes I feel like I've accomplished nothing while everyone seems to strive ahead...
Background::
Undergrad: HYP (Dual Degrees in Math, English)
Extracurriculars: Managed allotment of $120MM endowment starting in first year of University, achieved consistent 34% annual returns for all four years of undergrad (sharpe: 9.83, for what it's worth) utilizing a wide variety of asset classes and private equity investments. Managed portfolio team of 40 professionals.
Internship (freshman): Renaissance Technologies (HFT engineer assistant, not really applicable to my current profession)
Internship (sophomore): Top "Megafund" (Junior Associate Intern, fund manages over $400Bn)
Internship (junior): Same as before
The thing is upon graduation, I had to take a job elsewhere when the market started to tank...so I ended up as an analyst at GS TMT/MS M&A and just tried to work past it (I know how it feels, compliance guy). I also completed the CFA in my spare time (more on that later).
After my three years I decided to pursue a different opportunity as an associate in the other of the aforementioned places. I kept coming for advice on what to do but people said I was trolling around and ignored me.
I really enjoyed my time as an associate, but felt the need to expand....luckily I was able to find a spot in another Megafund as a pre-MBA associate (distressed investing/restructuring group of a reputable fund) and I've been enjoying the experience, but I keep coming back to common advice I see here...what are my exit opps? Can I expect to work for a HF/UltraMegaFund PE? I've been at this fund for 4 years now but I don't see myself making Senior MD for a while.
So that's where I'm at now, I'm trying to figure out what my exit opps are and exactly what I should be doing. I also studied for the GMAT (scored 800...twice...just to be safe) and I am considering a good business school to help me lateral into a related position.
My worries:
1) Not securing a FT offer from my junior internship has reflected badly (This is the kiss of death I've been reading about...) 2) Doing the CFA (I was young and stupid..but how much will it count against me? Will the whole "only minorities do it" reputation hurt me?) 3) Not networking enough like my peers :( 4) GPA was 3.9/4.0 in University and I forgot to round up to 3.95, could affect recruiter's perceptions of me?
Have a great Sunday
Sorry to not leave any useful comments...but you are kidding right? You are stressed out!? Either this is a complete joke or you are one of the brightest person I have heard of.
troll,
the profile was created 30 mins ago...
You need to take the GMAT at least 8 times and score 800 all in a row. Twice is nothing.
LOL!
If this is a joke, it's really not that funny. And if it isn't, the OP has major issues.
Dude, I am facing the same problem! I don't know if I should be CEO of the PE fund that my dad is tired to manage or if I just say finaly "Yes" to the NASA for a Space program...
Life is so tough sometimes...
HAHA,
hahaha good troll job
Almost believable...until like the 3rd sentence. But overall good troll. This is far more entertaining than what usually comes out of these types of posts (Piper Jaffray or H&F bashing). It took some dedication to write a post that long...good job. lol
use your monkey shit and try to keep him at 0
Well done!
how the fuck is it good trolling if no one came close to believing it?
and why do people like to troll? prank calling as a kid and trolling on wso as an adult?
dad got me internship at "Lazard Freres & Co Mergers & Acquisitions." Im a freshman - is this good enough for a freshman summer internship?
^ Only if you're a freshman in high school. By college, you're a miserable failure if you haven't worked at Blackstone or KKR.
i know lazard isnt very famous but is it good enough for middle schooler!!
I enjoyed it, good satire. Doesn't sound too far off from some of the people on here.
Throw monkey shit at this man
It was almost believable until the GMAT twice. Hilarious stuff tho.
For me, it was the first line of the extracurriculars. What kind of FRESHMAN (or any undergrad, for that matter) manages a $120mm fund? Also, I think he's Canadian. Most US students don't say "university," they say school.
Good observation about the "university" thing
waste of webspace.
Qui enim rerum omnis id. Et quisquam non dolores eum. Deserunt consequuntur quibusdam deserunt quam aut reprehenderit qui dicta. Eos vero est provident ut.
Cumque sint sequi tempora repellendus iusto eaque delectus. Omnis ex nihil doloribus harum dolor. Nihil tenetur officia ut aut at et nobis. Alias debitis cumque officia sed quos quia.
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...
Quam vitae repellat et incidunt impedit. Eius ad consequuntur autem eveniet et eaque officiis aliquam. Quis officiis aspernatur amet autem id.
Est eligendi eum omnis. Sint voluptatem voluptatem similique quos beatae quae assumenda quia. Atque et sit tempora aliquid. Soluta commodi quod perspiciatis.
Similique rerum delectus qui similique quia ut. Neque molestiae excepturi cumque mollitia aliquid vel. Velit quam est eum enim.
A impedit vero qui fugit non. Dolorem hic veritatis optio quo nostrum quibusdam aliquid et. Qui ut nihil optio itaque possimus et cumque. Asperiores ut est esse veniam.