Strong MM IB vs LMM PE

Currently considering two different offers in London: Strong MM IB Mid-level analyst (HL RJ etc) vs Investment Associate in LMM PE (Less than £200m AUM) in a very narrow sector vertical (Less than £200m AUM). 

My background is B4 Audit > B4 M&A.  PE is my long term career goal, but concerned this opportunity may be limiting my future progression due to fund size and sector focus. Comp is also vastly different, with the IB being significantly higher (and will continue to get better, whereas the PE role will be less rapid in pay increases), but obviously hours being much longer.

Thoughts on the ability to go back to PE should the IB work not be the right fit? Been getting conflicting advice as to whether it would be crazy to turn down a PE offer at this stage.

3 Comments
 

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