Professional Advice: EXIT opportunities for Buy-side CRE/LevFin to HF roles

Hi, I need some professional advice. I’m about to start my first job out of college - Investment Analyst for a $40B AUM Buyside Credit shop (e.g. a life insurance company owned by a PE firm). I first interned with the levfin group then, I interned with the debt CRE group. I got an offer for the CRE group, but I plan on going back to the LevFin group. Note - I’m the youngest (23 y/o), but the investment teams are super small and they’re all pretty smart old HF and IB guys. Here’s my question: What type of exit opps should I expect? Here are my thoughts a couple years down the line. A) Continue with the CRE team, B) See if there’s a reopening on the LevFin team, C) Go work for the PE firm that owns us, or D) Try to lateral to IB - specifically interested in LevFin IB or RX IB. Any advice on what the best move would be if I’m trying to get into the HF industry. Would it be a digression if I go from buy-side to sell-side? Most of the LevFin team are old BB bankers so, clearly there’s something good about my company. Just wanted some thoughts. Also, my company works with the other portfolio companies a lot. Therefore, it’s not uncommon to go work for one of them (most likely would want to work for the alternative asset manager the PE firm owns).

 

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