Wellington Management vs. MF PE

Hey all, I’m currently deciding between offers from Wellington and a MF PE (Apollo/Bain/TPG). The positions are out of uni, so would be research associate and analyst, respectively (please ignore my flair, made this account when I was younger). I would be in the fixed income group at Wellington, and the distressed/special sits group at the MF PE (so roughly a blend of equity and credit).

I feel lucky to be in this position, and I’m having a difficult time figuring which would be the better option. Both offers are at the firms’ HQs. Does anyone have insight into WLB and comp as careers progress at each place, specifically if I had the opportunity to stay long term and become a partner at each firm?

8 Comments
 

Two completely different roles which will subsequently lead to two completely different lifestyles. Wellington/T Rowe typically the gold standard when it comes to AM, great place to be. Don’t know much about PE but APO etc also the gold standard for PE right so great places to be also however you’ll likely get worked 2x more for not 2x more pay (definitely per hour). Regardless, it all depends on where you see yourself long-term and your investing style.

 

LOL… Your decision is not Wellington vs. MF PE, but Wellington HY vs. MF Credit… And the comp set you’re bringing up makes little sense as TPG doesn’t even have a legit credit arm. So looking at Wellington HY vs Bain Credit, it’s a toss-up. If Apollo, totally different convo and it comes down to exactly which group you’ll be working on.

 

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