PE Ops Associate Comp and Future?
I'm currently a BA/Associate/, potentially looking into on-cycle PE recruiting in the fall. A few friends from college who are analysts at top MFs have reached out to me to say I should consider applying. They've also told me that if deal side/technical financials aren't my cup of tea, I should look into the operations associate track (e.g. ).
What is this career path like at the moment? From what I can tell, it seems like it plays sort of second-fiddle to the deal team in terms of comp and overall organizational "importance". Is that true? I've also heard that a lot of funds are building out their ops groups and hiring at more junior levels, so where do we see the future of the ops track going? Does this hiring suggest it's becoming more important, and comp/emphasis will rise alongside it? Or will it always be second to the deal team.
Interested to hear everyone's opinions, because I'd hate to leave MBB where I like working on a ton of diff projects in a role/stream that is valued by the company and having protected weekends, to slaving away in PE for no real comp increase in a second-thought role.