I have a pretty cushy analyst job on a decent investment sales team, working about 40-50 hours per week with a nice boss and making about $100k a few years into my analyst stint. I do not see myself staying in IS long term since I don't want to be a broker, so I am at the point now where I am networking with clients to try and jump to the principal side.
I always assumed I would transition to a large firm and be an analyst on a large team and start from the bottom, which is totally fine with me as long as the learning experience and compensation are solid. However, I actually have an opportunity to join a new and young firm that just finished raising a pretty small fund (~$300mm). I would be in an aquisitions/asset management role and immediately in a Senior Associate/VP level position on a 4 person investment team (CIO, 2 directors, myself) and get a share of promote and be able to co-invest.
I am very intrigued by this opportunity as its seems like an exciting way to jump start my career but also pretty risky since its the first fund they've raised and the AUM isn't that high. The people seem nice and I'm sure we would all get along well working together. Any advice? Sounds like a good move or should I stick with more established "brand name" firms while gaining experience? Anything I should make sure I find out from them before accepting an offer?