From undergrad: middle office role at renowned PE firm versus sell side research at MM

What would you do?

I made a similar posting a while back before I received the job offers, but now I'm having a tough time deciding between them.

These are my two best options:

1) PE Megafund (BX, KKG, CG, TPG) in fund management/controller/reporting position (I'd consider it middle office) 2) Sell-side research covering FIG at a lower-middle market Both are not in NYC

I graduated in May from a non-target school, have a 3.2, but have done many internships and extracurricular activities that are finance and business related. I accepted my internship offer at the PE megafund October of my Junior year, and haven't looked back until now, after realizing that I missed the IB boat.

I enjoy investment analysis and analytical rigor, which is something that the PE job won't necessarily get me as much as the research job. However, the PE firm has one of the best reputations on the street, and the industry is growing vs research which is slowing down.

I have also thought about long term careers, and both HF and PE appeal to me, though I can't deny that I prefer the controlling aspect of the PE industry more than waiting for investment theses to materialize.

Thank you!