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October 31, 2026
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tell the MM PE Shop that you signed with the FOF, but you want to take their offer. Then renege on the FOF job. Not too difficult?
Are both opps in NY? When did u originally sig the funds offer? Were they both sourced thru HH's?
The moment I tell MM PE shop that I signed with another firm, there is an immediate risk that they might contact the FOF and I might end up losing both offers...
If you don't want to bear that risk, you always have the option of not reneging in the first place.
Renege. Take PE offer. Don't look back. Unless you got the offers from the same HH, you'll most probably be fine. Just give the HH a call and say after further thought, you decided you wanted an active investing role and realised you would not enjoy the FOF job.
What's a fund of funds? Sounds German. Must be good.
You have to do whats best for you.
Keep in mind that FoF might be an LP at the buyout shop you're considering. That could get ugly.
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