Boutique Private Debt versus IB Analyst (Job Offer)

Hi,

I currently have two offers .

Basically, there is a significant gap between the IBD and PE pay.. Not sure what to take.

Private Debt (Infrastructure, Project Finance) at a very well respected boutique - pay 70k + 10-30% bonus (much lower SOL city) .. Ive seen people exit from this fund to a lot of other prestigious buy-side funds...

Lower-Tier MM IB - 90k +50-60kbonus (in a very high SOL).. Almost no track record of placing into buy-side however.

 
Best Response

Your best bet to a top hedge fund would be to take the MM IB offer and lateral to a firm with better placement. However, I dont think you can go wrong with either option. I wouldn't worry about the pay, after COL adjustment and taxes its not very much money at all and shouldn't be taken into consideration. There are very few situations when evaluating an entry-level job where comp should be a factor in your decision.

Are you looking into debt HFs or L/S equity? If the latter, then go with the IB option for sure.

 

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