FoF vs. Hedge Fund

I currently have offers at at:
(1) FoF - target ~$350K per year cash comp, 40 hours / work week
(2) HF- target ~$500K per year cash comp, 60-70 hours / work week

Which one would you guys take and what are you considering in making your choice? (Lifestyle vs. salary? Future earnings potential? How interesting the work is? Exit opportunities?). Please also indicate your age and gender when you answer - as I'd like to see whether that affects the lifestyle vs. salary choice.

Assume that the cultural fit at both firms is pretty equal.

Thanks!

Comments (6)

 
Dec 22, 2011 - 9:10pm

This question is a little ridiculous. The jobs really are not similar at all. Subsequently, I can't imagine their cultures being similar either.

Both those jobs pay more than enough for me and have enough earning potential, but I certainly would not want to work at a FoF based on my interests / personality.

Are you aware of what the day-to-day would be like at each job and their respective pros and cons? IMO, two totally different personalities so the answer really lies within your own personality and interests rather than what anyone on a forum can say.

As far as perspective, I'm a prop trader but had shadowed and spent a little time at a top FoF.

 
  • Principal in HF - Event
Dec 27, 2011 - 12:40am

Why not? both of those are reasonable offers for somebody with a bit of a track record in a risk-taking position (say a juniorish VP trader who has made some money over the last couple of years).

I'm not (yet) on the buy side, but I'd say that the FoF's upside is extremely limited from what I know. I'm a workin' fool, so I'd go for the hedgie.

 
Feb 15, 2021 - 2:01pm
I used to do Asia-Pacific PE (kind of like FoF). Now I do something else but happy to try and answer questions on that stuff.
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