Top UMM vs. MF?
I am a consultant interested in PE but I don't know much about the industry so I am learning by browsing this forum.
It seems like there are several UMM firms worth joining over a MF firm (for example, many people here say they would take an offer fromCapital).
Why is the term MF PE so valued then if there are some top UMM funds that can be better options? It seems like there are people on this forum who would blindly accept any PE offer from a MF even when it's not necessarily the best firm. Is that flawed thinking or are they right to do that?