First year analyst at a low tier BB and have two offers at the following. Both are generalist value strategies.
I know the fundamental differences between the two jobs, and feel like HF sounds more interesting than PE with a much better (at least short term comp structure) however can’t decide.
| +56 | Should I Leave ~$280K Corp Dev for PE? | 31 | 7h |
| +48 | How much is enough? | 26 | 20h |
| +38 | Does this mean I am not cut out for PE? | 8 | 22h |
| +20 | How to Secure Higher Carry Award Before Promotion | 2 | 1d |
| +19 | Carried Interest Tax Question | 3 | 1d |
| +18 | I Don't Wanna Go To PE Anymore | 4 | 3d |
| +14 | Generalist MFPE tech (KKR / BX) vs >$10B pure play tech (FP / HG) | 1 | 5d |
| +10 | US PE alpha look abysmal in L5Y | 3 | 4d |
| +9 | H.I.G GP Solutions / Secondaries Team | 1 | 1d |
| +6 | Stepstone PE Modeling Test | 1 | 11h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Comp is similar - let's call it the same
I would ultimately go with whatever suits your interests more (public vs. private investing) and long term goals, which I know is hard to tell in your boots. Do you like the process-oriented aspects of M&A? Or do you find yourself more interested in "pure" investing? Do you have the stomach for public markets? Do you see yourself getting an MBA in a few years? PE will give you more optionality but better to go after the work you find interesting and learn quickly what motivates you.
Put near-term comp to the side as you realistically aren't going to make really good money in either seat relative to what you will if you build a successful career in either path. Plenty of unhappy folks here that just chased the dollar and found themselves burnt out after a couple years.
Would take the PE fund here and then maybe recruit for HF after your PE stint. $250mm HF is not at scale and can blow up. On the other hand, a $3.8bn PE fund is pretty good, all things equal.
Saepe magni delectus deserunt voluptas quis commodi aliquid dignissimos. Quisquam ut ut doloremque aut et. Ab et vel amet quo culpa nulla assumenda.
Autem aliquid eveniet commodi id aspernatur dolores. Qui alias asperiores neque enim quod est aliquam.
Quia non natus dolores consequatur non. Neque ipsam illum veniam odio et quo. Nisi quam recusandae quae dolor. Assumenda optio sapiente qui. Distinctio a non et.
Et occaecati sunt in doloribus explicabo natus. In natus et vitae ipsam atque sint dignissimos. Aut eligendi sed aut. Porro officiis officiis sit. Debitis occaecati quos aut nulla. Consequuntur doloremque voluptatem ut quasi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...