Transitioning from MM/platform model to LO/SM or even into growth equity/PE
Having a bit of an identity crisis and hoping the good people of the forum can help me out. I'm a 2nd year analyst at a multi-manager L/S equitythat I joined out of undergrad. For background, I went to a target school, had a solid GPA/major, and took the job because I thought it would be the most interesting path into finance. I do like my current role quite a bit, and so maybe this is "grass is always greener" thinking, but my main worry is that by doing MM HF so early I've closed off other pathways for my career. I've found myself a bit more frustrated by some of the short-termism in our investing approach, and the latitude of companies we look at makes it hard to do deep fundamental research in a meaningful way sometimes. I also think it would be interesting to be "closer to the action" -- learning more about company operations, turnarounds, etc.
Wondering how difficult it would be to pivot into a SM/LO, including some of the more prestigious opportunities like the tiger cubs (I've read on here that they basically don't look at anyone from MMs). I figure if I were a 5+yr tenured analyst at an MM, it might be difficult to pivot, but given this is my first job out of college is there a chance that this could be looked at as akin to IB experience? I'm also tentatively interested in some of the growth equity and even PE places, like TPG, but that might be a complete fantasy. I suppose my question is whether it's possible to pivot/interview for these jobs, or if I'd need to go to B-School which would a laborious process (and I don't know how many MM employees B-School tends to accept). Any thoughts from people in the industry or ideally anyone who has made the transition? Also any thoughts on the transition in general; am I being too optimistic about what these funds look like and the opportunities they'd provide?