Should I accept a research role at SWF or Private Fund?

I've received two offers, one from a SWF and one from a private RE fund. Both are large institutions and are offering competitive pay and benefits. I've heard some negatives about moving to an LP (the SWF in this case) in early/mid career as it limits accumulation of actual skills, but I sense that this may be more relevant for people doing the deals, while I'm looking at research roles.

In terms of research work and exit ops, how different will it be at a SWF vs a private fund?

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