Has anyone here considered exiting for a PE Fund of Funds?

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Despite my title above on the app (never changed it) I left about 2 yrs ago for a similar role at a secondaries fund. Whilst it’s not as sexy as direct PE, you get a nice work/life balance and get to make investment decisions rather than slamming QofE books all day. Additionally, the pay grade is significantly better. 100%+ bonus with opportunity for carry at certain shops.

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Would love to hear about your comp/title/fund size as well.

I’m interviewing at a firm that focuses on co-investing, but I’m not sure if the compensation is that competitive.

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PE Fund of Funds? Can you give a quick overview of what this is? Totally unfamiliar

Sorry that was long, I think the first two paragraphs are a good summary and the last 3 are a bit more detail if you were curious as to how they integrate into the PE ecosystem

My understanding of FoF is it involves screening funds to invest and allocating assets. Not so much analyzing companies. A lot of colleges would have these type of roles to manage endowment. Not something I’d consider personally since I like analyzing companies more

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