Volunteering

Based on the most helpful WSO content, it's not uncommon for interviewers to maintain a poker face during the interview process, especially in high-stakes roles like a VP/Principal hire. They might not give away any hints about your performance or the next steps.

As for the timeline, it can vary widely depending on the fund. Some might get back to you within a few days, while others might take a couple of weeks. It's a good sign that they mentioned they are "narrowing things down in terms of next steps," which suggests they are in the final stages of the decision-making process.

In terms of hints about an offer, again, it can vary. Some interviewers might give subtle hints, while others maintain their poker face until the very end. It's important not to read too much into this, as it's not always indicative of the final outcome.

If you haven't heard back after two weeks, it might be a good idea to follow up with them. But don't lose hope until you've received a definitive answer. Remember, the process can be unpredictable and sometimes it's just a matter of right fit and timing. Keep your spirits high and continue to prepare for other opportunities as well. Good luck!

Sources: Unemployed and living in parents' basement, losing hope, Basic Questions About PE Recruiting Answered, Full time Offer vs. Potential Hedge Fund Internship