Commercial Sales at F250, Investment Analyst at REPE (open-ended fund), or IB at LMM Tech/SaaS
Title says it all.
Have 3 grad job options right now and trying to choose.
Sales Job: 9-5 easy but only 35K GBP All in.
Alternatives Investment Analyst at boutique: 9am-9pm Mon-Fri easy, 60K All in but only like 2/3 deals per year...
IB: 100 hour/week sweat shop with maybe 100K All in comp. They brag about exits but I can't really see it and it's generally not a good sign if a company positions itself as a 'stepping stone'
Alt Investment Analyst imo. Idk what your end goal is but for the position and WLB seems best. Could work there a bit and then climb into a similar analyst role at a more prestigous/larger company.
Possibly, the trouble is this fund, while quite large at around 1-2b EUR, with excellent management fees (HF 2-20), it doesnt divest. So when it acquires an asset (CORE + REPE) it just holds. No plans for more fundraising etc.
This could seriously limit my experience when interviewing for better opportunities closer aligned to my goals - any thoughts?
Ok fair, but what is your end goal?
I guess if the fund doesnt divest you would really need to drill down and leverage your role in the acquisition itself. Also, I don’t think the 2-3 deals/year is a big deal, you just wouldn’t exactly “mention” it in your interview (and even so, in the interview theres no way you would need to bring up your role in 3+ deals, that would be a lot).
Plus, you could simply leverage the returns related to assets acquired you assisted in. Even if its a B/H strategy, if the assets produced a return, u just give data on that and how your analyst role assisted in the acquisitions.
End goal would be hedge funds - L/S or merger arb.
Very tough to get there straight out of undergrad and I feel maybe the IB gig would be best option despite LMM?
As far as returns, this fund basically targets 6% historical return but with almost 0 variance so is very uncorrelated. Hence, the unusual asset classes and lack of deal volume. Again, not sure if I would be fucking myself long-term prospect wise. How can I pivot with such niche experience?
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