I am torn by doubts and confused.
I have two offers:
- Investment Director at a good but small small-cap PE fund (100 M€ AUM) with no-name in the market; extremely limited carried interest in the current fund and just a promise to have 5% of total carry in the next fund (2024 or 2025)
- Manager at one MBB in the PE practice
I already have both PE and MBB experience.
In MBB I will work 70+ hours and it will take 6 years or so to become Partner.
MBB can open doors like the one to move in a large-cap or in general larger PE fund, which is probably my favorite option.
In PE, I'll probably earn less over the next two-three years and then I'll earn more (apart from the scenario in which I move to large-cap).
Some headhunters advised me to move to the small-cap PE fund and then move to a larger fund. Others that I should go to MBB.
What should I do? Advice?