Middle Market ER Exit Opps
I'm curious to learn more about the exit opportunities that one could expect as a sell-sideanalyst/associate for a middle market firm ( /Truist/Blair/ / /Piper). Specifically, I am wondering what quality of placements these firms get with hedge funds or asset managers.
So far, I've spoken with a few associates on the Street and I've been told that hedge funds care more about the individual's skills and knowledge of investing or analyst group rather than the name brand recognition of working for say, a. Moreover, they've said that because IB and PE tend to be more relationship driven careers, these fields value name brand more than most , which care more about one's actual performance and returns at the end of the day.
That said, I'd be interested in hearing if there is truth in the belief that MM andsimilar hedge fund exit opps all else equal; or would it be important to lateral from a MM to a BB for better looks from the buyside?
Thanks in advance!