250MM HF vs 3.8b PE Fund

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.

 

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. 

 

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