MF/UMM Associates who have gone to MM how is your experience?
Currently at an MF and my two-year program is coming to an end in a couple of months (my firm requires MBA to continue) and so I've been looking for a lateral associate/sr. associate roles
With the lateral market being cold/closed the only opportunities I've been seeing are within the MM space (latest fund size ~1-2bn). I plan on going 'downstream' as I can't see myself enjoying the MF space as a VP+ (but was initially targeting funds in the 4-6bn range) but going from a $15bn+ fund to $1-2bn seems like a really big 'downgrade' as such I would like to hear how your thoughts on your experience after lateraling and if you have any regrets