MM IB vs Pension Fund
Hi everyone,
London based, received two full time offers and struggling to choose. Long-term goal is to join a UMM PE.
MM IB following my summer internship (HSBC, BNP, Macquarie), with the aim to switch to tier-1 IB after 1 year
Canadian Pension Fund analyst program (OTPP, CDPQ, OMERS)
Thanks for your help!
Do pension PE. Can directly lateral to UMM PE.
Following, similar position but in Canada. Is Otpp private capital good enough to get into one of the larger gps in Canada (altas, Brookfield, onex)?
If you're diversity
Interestingly saw Altas hire a guy from Omer’s recently but all things considered likely not unless you’re joining like Brookfield infra or something like that. They generally hire bankers out of analyst programs. Not to say it’s impossible though but unlikely in my opinion
The guy you were talking about was from limestone and joined with another ex limestone guy from Queens. It’s a prestigious club that pays dividends even after uni.
Diversity but only white women. Everyone else is cooked (except if you a white man ofc then nothing is bad)
OTPP, CDPQ, OMERS are all legit. I'd take those over most non-top BB/EBs (you can lateral to plenty of UMM/MF funds later on if you perform well)
CDPQ? Assume you mean CPP. Unsure if I’ve seen many people from Caisse go into MF/UMM funds.
sorry you're right, mean CPP. IMO these places are just as good as your average BB/EB opportunities. You'd have a leg up during PE recruiting season vs most of the IB folks, that was at least my impression based on a couple of ppl that transitioned to UMM/MF PE later
If it's one of the top Canadians like OMERS, OTPP etc then go with those, unless you get a top IB shop like GS TMT or PJT RX. With buy-side experience under your belt, you'll already be ahead of most IB folks in case you would like to lateral after a couple of years to UMM / MF PE
I believe your comment is with respect to London. What about a similar situation as OP but in Canada? What would you do if you wanted to go buy side as well?
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