Private equity or Hedge Fund - what to choose?

Hi guys,

I just graduated with a MSc from a good school and have internship offers from 2 buy-side shops. One is a Long/Short Hedge Fund, and the other is a tech-focused growth equity firm. I am not sure which one to choose.

-In the HF, my work will be focused 80% on valuation and updating models, 20% on research, meeting management, etc -In Growth equity, I feel like it will be 80% sourcing (industry and company research, calling and meeting entrepreneurs, etc.) and 20% portfolio management, with some time on deal execution when applicable.

Both firms are similarly sized and not recruiting after the internship, and the GE shops has pretty solid partners.

My goal after the internship is to find a job in IB (preferably in TMT, or alternatively in M&A or leveraged teams) for a year and then go to PE / Growth Equity, or go directly to PE/GE.

The thing is I do like tech and growth equity is something that appeals to me long-term, but I feel like I will learn more hard skills and have more responsibilities in the HF, although it might be a bit repetitive ? In GE, the majority of my time will probably be spent on sourcing and contacting firms.

What do you guys think I should do? Is it possible to make the move to PE or GE after a hedge fund internship? Is one internship looking better than the other on the CV?

Thanks for your help

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