LO AM to Millennium/P72/etc. spin out
I've had very initial discussions with an ex-PM of a manager like P72, who has has been seeded and has been going for 2-ish years. They're looking to bring in an analyst.
My background is ~10 years in fundamental LO equities. I'm used to holding positions for 2-3 years and having an index as my benchmark; in this role it would be Sharpes and whatever else that can be calculated.
If I were to consider this L/S fund, what factors should I be considering? What are the potential pitfalls of moving over?