ER - Next Career Step?

Hi all, I am looking to get some perspective on my current career situation as I am at a bit of a crossroads internally. For background, I spent 2.5 years in MM healthcare IB in SF before joining a healthcare company in a corp dev role last fall. Everything was going alright until COVID hit, at which point I was furloughed. Obviously a completely unforeseen situation, but i was fortunate enough to be brought back off furlough to support one of our divisions which is currently prepping for a sale process. When i was furloughed, i began to fervently search for new opportunities in banking, PE, ER, really anything that i could find that i was even remotely interested in. fast forward to today, where i don't get the feeling this HC company is going to materially improve their operating situation in the near future and thus will likely not be able to bring me back in my prior official corp dev role, let alone evaluate any meaningful M&A deals - which isn't great for me from a career perspective.

I recently received an offer for a sell side HC ER associate position at a reputable MM bank after leveraging my network. I am interested in research in the sense that i am very interested in pursuing asset management/HF positions after ~2 years. However, given the state of ER and the future of active management, i am unsure if this is a wise career decision. Its an upgrade from corp dev in my mind, but the alternative would be to continue to pursue banking roles or PE. Both of these are more uncertain given the virus situation, and i feel like i have a short runway in my current position and lots of uncertainty as to my future with this company.

Any guidance here would be much appreciated. Is ER at this point in my career a good decision? Any other advice for framing this decision?

Thanks in advance