Buy-Side Careers: The Quick Breakdown
Want to get into PE, Hedge Funds, VC, Asset Management, or Family Offices? Here’s the simple version:
- How People Get In
- PE: IB for 2 years → PE. Heavy on LBOs and Excel.
- Hedge Funds: Prove you can pick stocks. Need a good pitch + network.
- VC: Network + startup/founder experience. Who you know matters most.
- Asset Management: Easiest entry. Campus jobs + CFA.
- Family Office: All about trust and relationships.
- Interviews
All test if you can do the job:
PE = LBO models. HF = stock pitch. VC = “what startup would you fund”. AM = portfolio questions.
- Pay + Lifestyle
PE/HF = Highest pay, longest hours.
VC = Low pay now, big upside later.
AM/FO = Better work-life balance, steadier pay.
3 Key Tips
Pick one path and go deep.
Start investing on your own and track results.
Network smart - ask specific questions, not generic advice.
Your turn: Which buy-side path are you going for, and what’s your biggest challenge right now?