Boutique IB vs. PIMCO (BDS) vs. L/S Equity Hedge Fund - SA

Hey Guys,

Currently trying to figure out what I want to do with me summer. I'm asking for advice because I have absolutely no idea what I want to do long term, short term, or any term. BUT, if anyone is hiring an entourage to just chill and party count me in.

I was pretty lucky throughout recruiting not many tier 1 options but I can't work at an FDIC insured bank anyway. I had a consulting offer too but I turned them down mostly because I thought I was slightly more uninterested in that than banking.

So, the only criteria I have been using to help me decide are:

1 - Possibility of a return offer.
2 - Badass resumeness

You haven't heard of the boutique, they have decent deal flow, been around since 2009 average 10 deals a year, 1-2 billion dollar plus deals, but no huge names and it's a niche sector.

PIMCO, is well, PIMCO. I applied to Investment management and I guess I wasn't legit enough so they bumped me to BDS which would kinda be cool except RFP's can't be that exciting. If I had an account management role there I would take that hands down over everything. I think that would be a fun role with decent earning potential. If I left finance I would pursue Biz Dev, probably my only real interest.

Global Macro, you've heard of it, founder is a baller, just had a gala thrown honoring him in January. Role would be relative value equity analysis across all sectors. This is the role a lot of people drool over but I have two apprehensions. 1) No idea about return offer. 2) What if I suck at investing.

Post was kind of long winded but any input would be appreciated by this lost soul. Anyone with any comments about PIMCO upward/lateral mobility would be great. Also, if anyone could chime in with insights about taking a hedge fund SA junior year without the safety net of a return offer would be appreciated as well.

Thanks bros.

 

Odio quo sit occaecati eius. Architecto voluptates repellendus fugit dolores ratione veritatis. Et explicabo omnis perferendis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”