Currently have an offer from a LMM PE consumer-focused buyout fund in NYC and another offer from an MF PE buyout fund (think BX/Carlyle/KKR) in Hong Kong and Singapore - which will you rather take, not factoring in extraneous factors like family/visa etc?
Would completely take the MF offer - possibility of move back to NYC at higher positions, better exit opps etc. Would be easier to go back to LMM in NYC from here later too. Do check for local deal flow though - some of the Asian funds like barings etc might have better deal flow.
MF Asia. Think you’ll preserve optionality for LMM PE as mentioned above.
My understanding is that the deal types can differ in Asia eg you may do more growth and less traditional buyout so you may want to check on these differences between US and Asia teams.
The caliber of people you'd work with in MF PE in Asia in general are going to be noticeably above the people in LMM PE in NY. A lot of them will be top performers from US and Europe sent to Asia. If BX or KKR, your global investment committee will be MUCH more rigorous and star studded than a LMM PE fund. If Carlyle or a fund which makes investment decisions locally - individual DD will be important to determine if they are actually of the caliber you want.
Pay will be MUCH higher in MF PE especially after tax in HK/SG. MBA placement will be much better too. Altogether even if I didnt have ties to Asia I would still pick Asia 9 times out of 10.
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Would completely take the MF offer - possibility of move back to NYC at higher positions, better exit opps etc. Would be easier to go back to LMM in NYC from here later too. Do check for local deal flow though - some of the Asian funds like barings etc might have better deal flow.
MF Asia. Think you’ll preserve optionality for LMM PE as mentioned above.
My understanding is that the deal types can differ in Asia eg you may do more growth and less traditional buyout so you may want to check on these differences between US and Asia teams.
Do you mind sharing the comp details for your offers? Especially for HK - is there a housing stipend?
The caliber of people you'd work with in MF PE in Asia in general are going to be noticeably above the people in LMM PE in NY. A lot of them will be top performers from US and Europe sent to Asia. If BX or KKR, your global investment committee will be MUCH more rigorous and star studded than a LMM PE fund. If Carlyle or a fund which makes investment decisions locally - individual DD will be important to determine if they are actually of the caliber you want.
Pay will be MUCH higher in MF PE especially after tax in HK/SG. MBA placement will be much better too. Altogether even if I didnt have ties to Asia I would still pick Asia 9 times out of 10.
Isn’t cost of living in HK way higher than NYC, especially with rent?
Corporis id culpa et nihil. Molestiae quae iste fugit. Officia facere sit libero sequi et sint rerum quibusdam. Placeat vitae doloribus modi ut eos suscipit sint.
Alias dolores aut non voluptas nobis. Praesentium odio quia aut distinctio rerum quibusdam. Eos autem et aliquid quia omnis sint minus. Ea nisi soluta debitis ut dolor a fugiat voluptas.
Iusto tempora velit dicta corrupti. Quia repellendus et velit hic.
Cum aut vel qui sit quia. Aperiam minima sapiente sapiente earum. Rem et corrupti vero similique dolores aut ut. Unde voluptatem non qui et cupiditate non.
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