Single vs. multi-managers
Hi everyone - would be great to get an update on how one would consider the opportunity at the more traditional L/S managers vs. the larger platforms. The forum has articulated well the pros/cons in the past (e.g. longer horizon and stability and the SMs vs. more transparency of PNL and faster promotion to PM at the MMs), but seems like there has been a shift of talent and capital to the MMs over the past few years. For someone looking to move to the public markets, any updates on those pros and cons and whether the relative attractiveness of career, comp, trajectory has changed between those two?