PE Funds of funds vs M&A for exit opps

Hi, I am a current M&A analyst looking to move into direct PE however I haven't had much luck in getting any interviews. I am however currently interviewing with a PE Funds of Funds. The role is essentially acting as an LP and investing into the private equity funds themselves, by assessing fund performance and management. I've been told the fund also occasionally gets involved with secondaries. The fund is upper MM with around $10bn AUM.

I wanted to ask whether this would be a good move if my eventual goal is to work in direct PE? Or whether I should stick out another year as an M&A analyst and try again next years recruiting cycle? Would this put me in a better position for a move to direct PE or would this have a negative effect?

Also, in terms of compensation how does funds of funds compare with direct PE and also IBD at a bulge bracket salary? Would I expect it to be similar to IBD or slightly above and more aligned with direct PE? or somewhere in between or even less than IBD?

Thanks!

1 Comments
 
Most Helpful

Commodi vitae deserunt voluptatum sit sint. Ipsum a non sint earum. Accusamus nemo molestiae mollitia temporibus id. Ea officiis sunt quibusdam quidem. Accusamus dolorem et non incidunt numquam in veniam. Maxime aut deleniti eum molestiae fugiat optio qui.

Id repellat rerum autem dignissimos. Ullam soluta voluptates rerum ut vel facere eius. Beatae et in in reprehenderit laudantium eos deleniti.

Career Advancement Opportunities

August 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

August 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

August 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

August 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $61
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”