Hey guys, longtime lurker here, reading a lot about the short term of working in IB and going into PE/HF, and maybe later B-school. But what happens after that? I hear a lot about hedge fund analysts looking to be PM's and starting their own funds, or some IB analysts going on to the MD route.
What about the hypothetical former TPG associate, having done banking, TPG PE, about to graduate from HBS at 28? Assuming he wanted to continue in finance, what jobs, lifestyle, and comp are expected? Would it be a (WSO says very rare?) post-MBA associate position with the goal of making partner? Would it be a value investing hedge fund?
WSO has a mostly younger community, but also from networking I've almost never heard of MDs or PE Partners being older than early 40's. What did everyone 40+ do, retire?