If you’re talking a role like Cambridge Associates, the only exits are typically to clients (endowments, pensions, family offices) in fund investing roles or you would have to get an MBA to switch into something else with more optionality like consulting or IB.
Where in the industry would you like to be? There are opportunities to work with allocators (the buy side). When working with an investment adviser as a research analyst (also the buy side), we have multiple clients where one could be involved in portfolio construction but fundamental training as a research analyst will help one to be successful in the role.
Depends on your background - Ive seen banking > fund investing > direct investing but also feel like people in fund investing tend to like their jobs (fairly well compensated for the hours work) and tend to stick in fund investing. Other common exit would be MBA.
If you’re talking a role like Cambridge Associates, the only exits are typically to clients (endowments, pensions, family offices) in fund investing roles or you would have to get an MBA to switch into something else with more optionality like consulting or IB.
Yes. Are you looking for an investment research analyst or an associate client facing path type role for an LP?
Where in the industry would you like to be? There are opportunities to work with allocators (the buy side). When working with an investment adviser as a research analyst (also the buy side), we have multiple clients where one could be involved in portfolio construction but fundamental training as a research analyst will help one to be successful in the role.
Be open to opportunities at smaller firms would be my advice.
I would def say this as well.
Depends on your background - Ive seen banking > fund investing > direct investing but also feel like people in fund investing tend to like their jobs (fairly well compensated for the hours work) and tend to stick in fund investing. Other common exit would be MBA.
I've seen the MBA as the exit opp but personally, I don't think it's worth it