Anyone familiar with FoF's Fundraising Fund IR role?
Hi guys,
I worked at BB for three years and just got promoted as an associate. My goal this year is to get investment analyst role within the fast-growing alternative investment sector (PE, real estate, infra, etc.).
I am currently interviewing with FoF's Fund IR role, where my main responsibilities would be fundraising, maintaining relationships with LPs. The shop i am interviewing with is solid & one of the top players within the industry (approx $100bn AUM).
Negative points... in the order of significance to me..
1. Already passed a few interview rounds but still not sure if I really want Fund IR role as I feel this will pigeonhole my entire future career path within Fund IR... Also, I do not see myself as the best sales guy.
-
Get this Fund IR role and then making switch to investment role (FoF investment, Co-investment, direct PE, etc.) would be impossible.
-
My associate base salary at current BB is around 130k. If I choose this new shop, base will be around 110k. (I guess this industry generally pay less than BB front?)
-
While FoF, Fund IR's work-life balance should be better than BB IBD/ER, in general, this shop's working hour is similar to my current hours (off around 10pm~12am)
I guess i am mostly concerned about limited future career options.... and the fact that I have to lower, while slightly, my base salary despite this role essentially being a sales...
But if i reject this, there is no guarantee that I will land offer from other investment analyst role (within AI) within this year. Actually, I am in Equity Research and aware that my chance of making move into AI will be significantly lower compared to IBD guys.... Further, staying within research until end 2020 is least thing I want to do.
Anyone any thoughts? How attractive is Fund IR role? Should I consider this more seriously, or reject & wait for other decent investment role? Sorry all, I should be the one to clearly know what i want... but so confused and feel i am going through 2nd puberty
Molestiae a voluptas vel praesentium quisquam facere. Sequi repellendus tenetur veniam similique natus rerum et. Velit fugit dolorem non voluptatum. Omnis provident qui ut iste dolor facilis.
Eos facere molestias quo corporis distinctio animi. Earum id nulla sunt ab aut. Error quidem asperiores qui dolorum vitae. Accusamus qui molestiae sit sed.
Quas et sunt dolorem quis voluptatem. Ad consequatur amet aut accusantium. Inventore nisi voluptas qui repellendus et beatae. Magnam eos temporibus voluptate et aperiam. Aut repudiandae nemo voluptas voluptatem ipsum quae qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...