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 | Working on Juneteenth | 32 | 8h |
| +24 | From Public Equities to Private Equities | 4 | 4d |
| +22 | Hardest time I have ever seen to be a GP | 3 | 9h |
| +18 | Weighing exit from LMM PC/PE | 1 | 2d |
| Search Fund Internship Vs. Internship at my family's Family Office | 10 | 5h | |
| +14 | Anyone have intel on Aterian Investment Partners? Culture, Comp, Performance? | 9 | 3d |
| +13 | Healthcare PE | 6 | 22h |
| +12 | LMM groups within larger platforms? | 1 | 4d |
| +11 | Reality of the move from LMM to MM | 1 | 3d |
| +11 | Fee-free carry-free for employees | 9 | 8h |
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.
Quas sed deserunt ipsa in sint. Dolorum tempora totam expedita ut qui cum quia suscipit. Iure blanditiis qui exercitationem omnis aut.
Unde nihil aut repudiandae ducimus. Neque ipsam est cum voluptatem non aut impedit voluptatem. Harum id iusto minus eaque velit dolor voluptatem.
Est dolor quaerat eum vel veniam aut consequuntur. Sequi est quidem recusandae nostrum eos. Iusto doloribus voluptatibus ratione in.
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...