Pension Fund career trajectory
Keen to understand the career/comp trajectory of Pension Funds (direct investing) vs Private Funds
What are the up and downside of working for a PF? and why do people move to/stay at a PF
Trending Content - Private Equity Forum
Career Resources
Within a pension fund, you would work your way up to a Head of PE type role as the default.
Fund investing is pretty different to direct PE/co-investments.
In fund investing, you are focused more of selecting a group of managers that meet your sector objectives. It’s all about repeatability and persistence. A lot of judgement on people. Pretty limited career risk, good work hours (as fund underwriting is slow burn and takes months even when you pick up pens).
Direct investing / co-investment - I group these together because I think stand-alone direct investing isn’t that common. Co-investing alongside GPs still important part of the role (as far as I understand it). Lifestyle here not as good as fund investing but still better than pure direct role. You are less in the detail and get to see a lot of different opportunities.
People take pension roles because they want a role with purpose (apparently all the rage these days!), sometimes drawn to better WLB and sometimes because their preferred firms didn’t work out.
Pension role is a very interesting and one you can spend a long part / all of your career in.
Bump
What does comp look like at the senior levels at large pensions?
Dolorem omnis libero qui illum. Enim enim est ut ut aut. Porro et eligendi voluptatem eum. Eum sunt suscipit quia est.
Libero labore tempore quasi et magni perferendis. Qui ab recusandae cupiditate nihil mollitia provident nihil non.
Voluptatem fugit est non officia. Quia minima nesciunt voluptatem velit. Corporis mollitia sed aut et non sed. Quia et consequatur a aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...