Blackstone/KKR/Apollo Internal Audit vs. Small Hedge Fund Investments Analyst

Hi guys! I would really appreciate your input on this thread. I wonder which one would you go with, a middle office role at a very prestigious mega fund or becoming a hedge fund analyst in a small hedge fund? Both positions are in New York City, and pay are similar - with more perks and better benefits from the mega fund. What would you choose? Thank you in advance!

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Best Response

Well, it depends on what is your end goal. Is your end goal to become an investment professional or are you aiming at PE (ideally MF)? If the latter, why are you attracted by PE more than investments in general?

Internal Audit to me sounds a terrible option and moving internally to the front would be really difficult, especially if you don't have an investment background or previous deal exposure.

Last but not least, the similar pay today doesn't mean a lot. If you spend the next 5 years at an HF you can end up with an additional figure in your annual income, while internal audit (for 5 years... a nightmare) won't lead your really far from what you've been offered. Not to mention the slightly different skill-set you'll develop.

 

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