Thoughts on Investor Relations? A good or bad move?
I was recently approached by a recruiter from one of the Big 3 PE firms about an IR position. As an analyst I had never really considered it as an option until now. The pay is extremely competitive compared to what I'm making now as an analyst at a consulting firm (They're offering me 6 figures plus sign on which I believe is a bit high for the space, correct me if I'm wrong), but wanted to get the community's take on the field, exit ops, or other things I might want to consider before making the leap.
My concerns (not being an expert) is that growth is a bit flat. I'm 26 years old, relatively early in my career and don't want to make the mistake of chasing a short term jump in pay only to shoot myself in the foot and not have any good exit ops or vertical growth potential within the firm,
As I understand I would be working with the team responsible for the fund raising as well as some of the strategy folks for the educational purpose of answering some anticipated LP inquiries. The rest of the responsibilities outlined seem very vanilla.
So I guess another question is how attractive is fund raising and cursory level strategy experience in the eyes of other firms? Does anyone have any stories about moving around from IR to other teams within their firm or to competitors?
All thoughts and questions welcome. Thank you!