Career Path Question - Good path to work for a FoF/Endowment to get into later AM roles post MBA?

Hi all! Student looking to break into the asset management space for a long-term career (hopefully to become a fund manager/portfolio manager at some point). Looking at opportunities out of undergrad and notice that I may be able to position myself to work for an endowment/FoF. Would this be a good starting place pre-MBA that could allow me to get good AM exit opps?

Comments (3)

Oct 2, 2018

'It depends.'

You could definitely do worse, but if you have any other front office offer I'd say that would be a better choice. If you work for Yale's endowment and go to HBS (a common exit), then sure, you probably have a good shot. Other than that, it is very uncommon. Most exits are to investor relations / marketing roles as far as I can tell. In fact, aside from a couple old responses that I've read on this forum, I'm not sure I've ever personally seen even one person switch over from E&F to a buyside asset management or PE role.

A FoF doing direct deals with modeling experience would be your best bet in the E&F world IMO.

Oct 2, 2018

Thank you! What would you think about a small growth equity fund vs. a very large FoF? (10bn+ AUM)

Oct 2, 2018