Pigeon-Holed as a MM Investor?
Hi guys, current MM IB analyst here covering the biotechnology space looking to eventually make the move to a biotechnology investment firm. My ideal eventual landing spot has a long term investment horizon, has a value-tilt, and invests in both public and private companies.
In the past I was pretty against making the move to a multi manager fund because of they generally have such a short term investment focus, but have recently started to reconsider. if I were to use to, I would plan on staying for a couple of years to get some solid training then move to a single manager.
I spoke with a recruiter the other day and he mentioned that people can get pigeonholed once they work at a MM and can't move to single manager funds. Would you all say this is true? How would you all approach recruiting if you were me.