L/S HF vs Credit investing for On Cycle

Hi everyone, 

Currently a rising senior in college and fortunate enough to have 2 offers, one from an L/S equity hedge fund (Point72 / D.E Shaw / Citadel), and one from a ~$10bn opportunistic credit firm for an investing seat. Medium term goal is to go to the special situations or opportunistic credit arm of a MF (Ares / Bain Cap etc.) or buyout PE in UMM.

Understand that my interests are very broad, but I am wondering which seat would set me up best for these type of roles. Do buyside analysts go through On-Cycle? How much would the brand name of a large hedge fund matter for on cycle vs a smaller, less famous credit firm? Any color or experience would be very helpful. 

Thank you! 

 

Just to double check. You are doing your SA somewhere and have received these offers for FT?

agree with above. Go with credit. You’ll gain more relevant skills in opportunistic credit than in l/s equity 

 

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