TOP TOP GROUP(NY) or PE arm of Bank...Best Path to MF?

Hello WSO community-

I work at a very reputable tech IB shop on West Coast (think MS menlo, CS tech, Qatalyst , BAML sponsors, JPM SF). I went through on-cycle this year but couldnt get any MF in NY interviews (maybe because I was in WC). My goal is to eventually work at a MF in NY.

I have two offers and I need to decide

PE analyst position with a BB (Not GS) in their PE arm (Mostly direct or direct co-invest...no fof or secondary type investing). It would start after 1yr completion of my IB role. Lateral offer to top banking group in NY (always considered "the top" or "one of the top" on this forum...Places extremely well) My goal is MF PE and I am concerned about what my options will be if I recruit during On-cycle again this upcoming November, which is effected by how Head hunters will think and PE funds will think about my cv.

Thank you for your input!!!

8 Comments
 

Why just MFs? Blackstone/Apollo/KKR/Carlyle are all different.

You should also figure out why you didn't get the interviews during your first year. Grades/test scores/HH interactions, etc. If your resume actually made it to the MFs your first year and you weren't selected to interview, they will be able to see this if you are applying one year later.

Anyways, go to the top banking group. The candidates we interview out of lateral PE jobs are usually at quality shops, not at PE arms of banks (excl. GS).

 

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