I was recently offered a position at a very small PE firm.
-The firm started 2 years ago. Very small <10 employees.
-Deals are closed entirely by in-house capital. The partners come from wealthy families and access to extensive capital. On a go forward basis they are entertaining the idea of a potential "fund" but are content with the current deal by deal structure.
-They usually target smaller deals 10-25MM in EV and Have since closed 4 deals bringing in roughly 500k in mgt fees.
I understand the major pros and cons of joining such a small firm but it seems as if they are getting some traction in regards to deal flow. My question is - given that my only other offers have come from BO MF PE and F10 Corporate Finance I feel as if this opportunity is the best bet for my career. I am a very risky person and see the vast potential upside if this firm was to escalate quickly. Thoughts? Am i being too optimistic? Feel free to ask additional questions - was trying to keep this post short.