Non-target Junior here. Not many people get into the industry from my school. Yes I have the offer as a junior. If I accept, i'll intern over the summer (my 4th internship with them) and go back after I grad.
-5-6B AUM multi-strategy USA based fund with many international funds as well.
-Industry focused investing, very well known within that industry, not so well known outside.
-Many top BB analysts end up at this fund.
-Will do industry specific work for both Asia PE and Asia HF.
-Good relation with my MD, he promised to help me network and get me into front office jobs.
-A lot of free travel on corporate expense account.
But the catch..
-will be considered long-term intern. Cannot use title of analyst since all analysts have 2 years sell-side experience.
-Horrible pay. Will be either running at a major net loss or a very low quality of life. The reason the MD offered to help me network is because I don't get paid very well.
-I don't fit very well with the industry focus for the firm, not yet at least.
-Don't speak any asian languages. The fund is american so all the work is done in english, but not knowing the local tongues is definitely a huge disadvantage.
-This place is also a complete sweatshop.
TLDR summary; Good fund wants cheap labor. Take it in the ass or refuse to be the bitch?