Related Posts
McKinsey & Company Has Mckinsey met BA headcount quota for the year/did they freeze hiring? I interviewed and got to last round last year, and applied again with a referral two months ago but haven’t heard anything from recruiting. Last year I heard back within 1 month of referral drop. I would’ve thought with my 1 more year of experience I should be able to get an interview easily.🥲 McKinsey & Company
Additional Posts in Private Equity and the Buy Side
Plz recommend good CFA level 3 prep course?
New to Fishbowl?
unlock all discussions on Fishbowl.
Comes down to fund term and liquidity. Open ended is more liquid as investors can withdraw at any time or sell their commitment through the secondary market, and the funds life span is indefinite. Closed end funds lock up capital 7-10 years, where only a limited group from the initial marketing period can subscribe, along with there being a hard cap on fund size typically.
Pe funds are basically never open needed. They have a fixed closing date and then a fixed fund life. There are some rare exceptions like evergreen funds but those are so rare they are almost irrelevant