How is the role of the Pre-MBA associate different in PE versus HF?
It seems both jobs entail doing diligence and financial modeling. What choose one over the other? It seems a lot of these HF don't participate in active trading, but just long-term investing so the role of the pre-MBA associate would be very similar to that of a PE associate right?
Any help would be appreciated.
| +28 | Advice ahead of a pair trade presentation - HF interview | 7 | 5d | |
| +27 | College search for getting into HF | 23 | 1d | |
| +26 | Why are so many people here interested in Biotech? | 32 | 2d | |
| +24 | Background check issues | 5 | 2d | |
| +23 | VP HF Lateral To PE | 1 | 4d | |
| +20 | % hit rate on quarters | 14 | 3h | |
| +19 | Drunk Thought: Shouldnt PM's at MM inverse their Portfolio's? | 6 | 4d | |
| +17 | How to learn more about Cyclicals? | 6 | 1d | |
| +17 | Is fundamental L/S equity a dying strategy? | 15 | 3d | |
| +15 | Point72 Academy Experienced Professionals Case Study | 3 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Yeah, it depends more on the spectrum of strategies rather than the classification "PE" or "HF". If you imagine the spectrum of investing going from active trading of public securities to large LBO transactions, there is a point in the middle where the line between HFs and PE becomes blurred. This may include long-term investments in public securities (sometimes activist), privately structured investments in publics (PIPEs), and equity investments in private companies. Both PE firms and HFs can play in this arena and the analysis would be similar between firms. But the analysis probably wouldn't include an LBO model for example, which would be what pre-MBA associates at buyout-focused PE shops spend a lot of time on.
Vel et ut labore natus ut totam. Cupiditate ipsum quia et fugiat. Deleniti doloribus corrupti optio unde. Tempora quia blanditiis ducimus ut quis voluptatum.
Veniam recusandae sit vel at. Repellat dolore ad error recusandae. Provident accusantium commodi qui quasi et voluptatem earum assumenda. Explicabo sunt repellendus mollitia rerum. Rerum deserunt nostrum qui quod nesciunt. Culpa autem distinctio voluptatibus aut libero voluptatem. Facilis eum ut voluptatum eum voluptatem accusamus.
Dicta ad laborum et voluptatem et. Aut rerum eos molestiae eos vero. Suscipit rerum est nobis illo magni voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...