Renege a MF Credit SA offer for IBD SA offer?
I accepted a MF credit (think Ares, Bain, GSO) offer, signed an at-will contract a few months ago. Recently, was offered a classic IB position from GS.
To add-on, the concern mainly revolves around difficulties of lateraling from top BB to desirable MF from a non-target. Thought that it'd be easier to lateral between MFs than BB to MF (competing against candidates from targets.)
Would like to also hear monkeys who have seen consequences of reneging on a MF offer. What's the pros and cons of reneging? Given that the long term goal is to end up at buy-side and skewing toward work life balance (3-5 years down the road.) Most importantly, what's your view of my experience (2 MF credit investing roles, worked on 2-3 transactions) vs. a kid from BB/EB banking SA for FT banking/MF equity gig?