First, apologies in advance for the fishbaiting title. Feel free to MS me for it if the below does not interest you. To the rest -
Hello! Long time lurker here. Similar to others, I have found the WSO community to be incredibly helpful in my career decisions and to follow suit, I would like to ask the broader group what they would do in my shoes.
Upper-tier Ivy Graduate
3 years at at large US MBB office
Recently started at a MM PE fund (5-10B AUM) in the US
In short, through a network, I have an open position to be a leadership role (think MD/Partner level) at a sub-$200M fund in an APAC country (Tokyo/HK/Singapore/Seoul). The fund is only 1 year old and has no track record. The small team is very well pedigreed (Ivy + Upper BB IBD) but similarly has a limited track record. My base + bonus at the MM PE fund will be roughly the same as my base at the new fund but I will also receive large amounts of carry.
My biggest concern is my ability to add value and also invest in a different country from the US. My experience in PE has been <6 months and I wonder if I could actually lead deals and return decent MOIC. However, I also could see a world where I just throw myself in there and take, what I see to be, a opportunity of a lifetime.
What would you guys do?