Third year call in private funds. Is a lateral to a role in registered funds realistic without a class cut? Seems like a simple enough pivot with a smallish amount of ramp up…

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It’d be a struggle without a class cut. As someone who has done both registered and private funds, it’s really not a simple pivot. You would need some time to get used to the different documents and relevant laws/regs

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Ah too bad! I know it’s quite a different skillset but I hoped close enough that I could make it work with some ramp up. But I guess it’s worth it in the long run.

F

Prob would need a 1 yr class cut but if it’s what you want to do, it’s worth it

Agree with A4. I’ve done both as a junior and now only do PF. It’s a larger difference than you think especially as you become more of a midlevel.

There's a joke here about private funds attorneys not knowing how to read

They’re different enough that you’re gonna want (read: need) that class cut.

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