The PE firm I am looking at has around 400M AUM with about 10 people working there and 3 partners. They invest primarily in resource land (farms, mines etc). The other gig is valuations at a large accounting firm. Money is about the same starting.
The PE gig sounds better but its only a 2/3 year program then I have to look for another job or get MBA. I want to get my masters anyway so that would be fine. I am giving up a good job in valuations for (what I see as) a roll of the dice with PE. The valuations job would pay me about 100k after 5 years which is not bad. The PE route I would have to try and find a job at a bigger fund afterwards again adding to the uncertainty.
What do you all think?
Depends your LT goals, but I would say PE without looking back. You will get good modelling skills at the valuation firm but you will lack transactional experience that will hold you back when you try to lateral. Kill the PE gig and who knows, you may have a shot to stay on after 3 years. Most IB programs are 2-3 years and that's no reason to take big 4 over IBD.
I agree with short. The only reason I would go with the valuations is if you are truly not interested in real estate, just because this is where most of your exit opportunities will lie. Assuming you are at least slightly interested in real estate, go with the PE gig.
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