I am coming from PE background (associate now after 5 years experience) and am considering my options to continue with PE or move intoL/S (2-3 years long holding period and ~1 year short selling positions)
I like investing and breaking business models apart and understand what makes them tick. My experience has been all in private market side and I am thinking whether to move in public market.
I'd like to get opinions from people who have made the transition, whether it's harder to make money and be a star investment professional in a fund in private vs public market? My sense is that it's harder to make money in public market because everyone has the same access to the same public company info vs in private market you have the advantage of access to insider company info that you invest in. HF seems to pay more if you do well (bonus tied to your P&L) but it doesn't seem easy to pick a stock either.
Another reason why I am considering HF is because I don't see myself making it to a senior role in a PE fund (tier 1). It seems that either you reach associate level and then move out or you move up. Whereas in public market, the hierarchy seems less and structure seems flatter so I guess if you do well you have more room to progress/earn more?
Feel free to comment, happy to swap ideas. I haven't been in the public market so obviously my opinions may be skewed and not in depth.