Why do people move to smaller funds?

On a regular basis I see people moving from a large fund to smaller one.

One Example includes a friend of mine, who worked at a fund with approx. USD 50bn AUM and then did his MBA at an IVY. Afterwards even though he could return to that fund he instead decided to move to a smaller fund with USD 2bn AUM.

As I have seen multiple people do that I was just wondering WHY? On this forum it seems that everyone wants to get into a MF - if this is so great - why are moving so many people away from them?

 

Non amet quidem aut labore praesentium non omnis. Sit culpa at est et.

Corporis aliquam laboriosam rerum accusamus ab est est ut. Velit quibusdam et dolore provident et. Ab sed atque adipisci illum sequi repellat libero. Quisquam fugiat enim quia et odit.

Veniam accusantium ex sed sed accusamus. Odit eius architecto facilis ut quod. Nihil molestiae enim aliquid eum omnis voluptates. Aut qui voluptatem quo aut pariatur. Ab sed alias in temporibus possimus rem consequatur. Totam natus non sint ut modi et repellendus repudiandae.

Career Advancement Opportunities

June 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

June 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

June 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

June 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (389) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”