Fund Placement Info

Hi,

Currently PE VP in London also running an ecommerce business on the side. Even though I've made VP I'm still working way too many hours (fund is desperate to deploy so constantly on deals). I need more free time to work on my side business (and still have a life) so looking for a gig where I can work 9am - 7pmish on average, with minimal weekend work. Oh and also don't want to take a huge pay cut (realise I'll probably need to take some kind of haircut)

I see my options as:
* Secondary / Co-invest shop
* Family Office
* One of the Canadian shops like CPPIB, etc. (heard they're pretty chilled / overpay for the best assets so not much DD required xD )
* MM buyout shop with "good" culture

The only problem with these is, PE is PE, and when you're on a deal you can easily lose a month of your life in the blink of an eye. So, I'm also looking into Fund Placement (i.e. helping PEs raise cash for their funds from LPs, I'm thinking working with first time funds is probably the most lucrative as they need you the most). Would focus on the distribution side i.e. not the PPM/analytics side

Does anyone have any insights on:

  • Typical hours
  • Long-term prospects
  • Comp
  • Cyclicality - i.e. I assume it's harder to raise funds in a recession?

Thanks!

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