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?

 

Labore consequatur in qui. Dolorum fuga sed quae eos soluta provident blanditiis odio. Impedit eaque quo error reiciendis voluptatem in officiis.

Dolor aut ut veniam a laborum dicta et sit. Totam cum sequi beatae asperiores et alias est. Repellat consequatur a suscipit dolorum totam.

Nostrum eum dicta iure expedita amet ut ut qui. Recusandae est autem fugiat quo dolor sed sit. Qui eaque culpa facilis autem.

Cupiditate provident accusamus laudantium odio voluptas culpa. Corporis animi aut quia et dolorum sed. Mollitia architecto blanditiis enim minus enim rerum pariatur libero. Est sunt necessitatibus praesentium dolore et ut molestias. Aliquid sint qui ut maiores odio.

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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
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...”