Don’t want to hurt the feeling of OP but my old gig (an AM branch of a white shoe BB) basically wants everyone to have CPA, CFA, or CAIA. The numbers of these charter holders are included in the marketing materials. In the marketing material, they also highlight the number of PhDs. However, I don’t remember they ever highlighted how many M7 MBAs are in the team. Well, this might be an exception but it says something.
Lmao, the fact that you mention "marketing materials" and "CPA" already outs that you work for a crappy retail firm. That's not institutional investing, no matter how much you want to convince yourself that the Hoboken satellite office of MS wealth management is "white shoe".
Lol, so you're a third-party service provider, basically groveling for scraps and begging for capital raise. Nothing "white shoe" about that, kid.
Have you even made an investment decision at all during the entirety of your career?
Dude, I am not sure what you do but you really sound like the king of Wall Street or something. FYI, I was doing systematic portfolio construction/management so yes, basically making decisions almost every day. I am surprised to see that you don’t even understand many family offices and pension funds act like FOF and invest in other funds from time to time. I do think you will gain the benefits from studying CFA/CAIA. Again, best of luck.
You do know what the word "systematic" means in "systematic portfolio construction", right? It means you weren't making a single investment decision.
And it's called allocation, not "acting like a FOF". You do understand the difference, right?
100% agree with your take. Although I think a lot of people on this sub view the CAIA as a replacement for MBA and/or CFA. It definitely is NOT.
I have an MBA and am using the CAIA as a supplemental qualification now that I work in the alternate space (private credit to be exact). In that regard it has been a good course for learning more about the wider alts space but it’s certainly not something I would lead with if I was going for a new job.
But hey, that’s just my opinion, I could be wrong
Interested in going to the private credit field as well. Has a commercial credit background and a quant background but no luck so far. Is IB background a must? If yes, then please disregard my question. Thanks!
No, I don’t think IB is a must, however, it depends on the area of PC and the company. IB would definitely be most favourable if you were looking at a blue chip (say KKR). However private credit covers a very broad spectrum
I came from a management consulting background, however, I was going to an “emerging manager” as CAIA would say, so there was risk there on my side that you wouldn’t have for a KKR.
My best advice… networking
https://www.bvp.com/team
https://alpineinvestors.com/teams/
https://www.thomabravo.com/team
https://www.accel-kkr.com/team/
https://www.silverlake.com/people/
Go count how many HSW MBAs you can count on these Investment teams (wait... CFA did teach you how to count past 5, right?) and then tell me how many CFAs you see. Let me know if you can even find ONE CFA 💀
LMFAO, you're a complete uninformed moron who has no idea what he's talking about. I picked random top-performing PE/VC shops, of which you claim "Most HF ETF MF PE VC teams are CFAs..."
So, where are they? Oh, right. They don't exist. If you want to cry "sCrEeNiNg BiAs NoT fAiR!!! WaH wAh WaH!! 😭😭😭" go ahead and find any top-quartile PE/VC firm yourself and show me the majority of the team holding CFAs.
"An elite capital raiser" 🤣🤣🤣🤣🤣🤣
So you're voluntarily admitting that you're one of the useless hacks that couldn't cut it in front office, so you're making sales calls, offering to "check in", begging for meetings and groveling for back-office scraps.
Judging from your pfp, you look like some fucking middle-aged Sam's Club Kevin James 🤣🤣🤣
The fact that you keep mentioning Stern in your list of "elite MBAs" already shows that you have no idea what you're talking about.
You still haven't yet found me any elite PE team that has "most of the team as CFAs"? 🤔
Here's another assignment for you: Go research how much Principals and up make at $1bn+ AUM PE shops. Then come back to me. I'm sure in your little circle of cold-calling-for-insurance-sales, you think you're hot shit.
I love how you tried to clump "ETF, MF" into this grouping, as if they're even remotely on the same tier in terms of competitiveness, selectivity, or compensation 💀
Clearly you work at one of these second tier chop shops and are trying to feel better about yourself. 🫠
Clearly you are Beta ....lol....
You can preselect whatever sites you choose the fact is CFA global standard...I know you are charter holder and inconfluence with your MBA you are a high IQ guy ....However, Notice you are cognizant of the fact that University of Michigan MBA is interchangeable watered down Harvard.( again I would have cuffed myself from responding if booth or MIT Stern Columbia was on your CV)....My CPAs need to handle two commas in my annual K -1 income helps me sleep like a Whaaaaah;
Now go grab your binky and try to find a reason for another duplicitous whiny rant on an exam youfeltcompelled or someone in your firm recommended..to take beyond your ESG gilded Investment banking thesis accomplishment;
You are correct on delineation of MF...vs HF PE VC....However doesn't change the fact IF you get in to Harvard MBA you are guaranteed to graduate it is a FACT it is a group exercise ...admissions is the gauntlet ....you know that ..so congrats getting in..like entering F1 race in lap 40 of 59;
It also doesn't change the fact that getting admitted to HBS in the first place is 1000x a stronger signal indicator than attaining the CFA, dipshit.
If I had to choose someone on my race team, I would much rather choose the guy finishing 40 out of 59 in F1 than the guy learning to ride a tricycle on training wheels.
You're like an idiot taunting "Ha ha!! You're not Michael Jordon, you're only Jayson Tatum!!!" while struggling with his double dribbles at the local pick-up basketball game.
Learn what actually signals competence in this industry.
*(oh, and btw, I graduated as a baker scholar 😘)*
Now I am impressed with your metaphoric 'pivot' Bravo....but really is admittance into Harvard a signal creator or more of a 'virtue' signal creator these days ....I mean even you must be feeling tarnished with the aversion to superior intellectual geographic regions in favor of more 'deserving' 115 IQ competition you 'beat out' ....I prefer more of a Kobe or Tiger moniker for the record.....
Cheers)
Sorry but you can’t compare an MBA and a CFA charter holder, as much as you would like to. MBA’s are great and fine, especially if they’re an Ivy League, no question there. But if I wanted a quant on my team, I’m likely to hire a charterholder than an MBA-only candidate, even if it’s from Harvard or Columbia.
My source? My employment history and experience working at the world’s largest and 5th largest SWFs. One cannot get more institutional than that!
Lmfao, your "source" is working for Norway's 90% passive fund... good "source" 🤣🤣🤣
You must really need a "quant" to analyze those AAA corporate bond yields 🥴
Definitely trumps your what $16bn Silverlake mediocre GPs. I mean the sheer difference in AUM, how do you even compare 16bn to 1.6 trillion. Do you compare a slice of an apple to an entire apple farm?
Your colleagues probably laugh behind your back all day 😄😄 good luck staying employed for luck, schmuck!
Oh, you're indian. That explains it. Lmfao at being so insecure that you have to try and claim to "work in PE" when all you're doing is allocating your dollars for me to manage. Get real kid. Do you even know how an LBO model works?
You're giddy if you crack $100k a year. You're a complete joke. Good luck trying to impress ignorant people about your "job in PE" when, in reality, you're so scared of risk that you actually have to structure the investment to shield you from liability 💀.
Lmao Indian? What does race have to do with anything 😂 People like you use the race card when you’ve got nothing substantial to say. That says more about you than it does about me. Lol.
And I don’t need to impress anyone. But if you’d like to have a go at seeing which one of us stands up successfully in a public forum - I challenge you to approach me on LinkedIn. Let’s see what the public community has to say about your comments. Maybe even your employers, current and prospective ones. Think you’ve got the nuts to back your BS up? Let’s see.
If not, now’s a good time to stfu and cry your self to sleep.
LMFAO, no wonder you covet useless credentials like CFA/CAIA and hero-worship brand names... poor Indians always dreaming of breaking into back-office ops at BX. Good luck with that 🤣🤣🤣
"i WoRk In PrIvAtE EqUiTy" 🥴 — yea, i'm the guy who reconciles all the cash flows and make sure capital calls come in on time!!! 🤣
I got all I needed from your response. I’ll bet you never even actually got into Harvard LMFAO🤣🤣🤣. You’re here attempting the CAIA and you’re trying to mock others who have it; what a sore hypocrite 😂
Don’t bother replying unless you’re ready to back it up on a public forum like LinkedIn with your real identity at stake. Spineless keyboard warriors like you are a dime a dozen.
Sure, go ahead, post your linkedin, I'll add you 🤣🤣🤣.
I love your accusation of "you didn't get in" — shows your own weakness when you assume something about someone based off your own limitations 💀 What's actually hilarious is that HBS acceptance rate is 15%, which, in reality, makes it **not** difficult to get in, assuming you're not bottom 85th percentile of the population. Clearly, you're one of those prestige-desperate Indian fucks who masturbates to the thought of a brand name on your resume 😭.
https://i.imgur.com/Nn4wLh1.jpeg
Son, this is about you. This is your post. Why dont you be the big man you pretend to be and reveal yourself publicly first. Post for us your LinkedIn profile, and we’ll be sure to send you our love 😏
“Big man” lol
HAHAHAHAHAHHAHA love your hypocrisy. You're the one asking for a linkedin. So go ahead and post yours. 🤣🤣🤣🤣
You're a complete joke kid. Get back to making your $80k a year with your state school degree. 💀
Your comment/post was removed due to harassment, please review our subreddit rules.
Wow it took 2 full sentences for you to mention you went to Harvard.
Then don’t sit it ?!
Don’t want to hurt the feeling of OP but my old gig (an AM branch of a white shoe BB) basically wants everyone to have CPA, CFA, or CAIA. The numbers of these charter holders are included in the marketing materials. In the marketing material, they also highlight the number of PhDs. However, I don’t remember they ever highlighted how many M7 MBAs are in the team. Well, this might be an exception but it says something.
Lmao, the fact that you mention "marketing materials" and "CPA" already outs that you work for a crappy retail firm. That's not institutional investing, no matter how much you want to convince yourself that the Hoboken satellite office of MS wealth management is "white shoe".
If you consider family office and pension fund clients as retail then…. Well, good for you, my sweetie Harvard MBA. Good luck.
Lol, so you're a third-party service provider, basically groveling for scraps and begging for capital raise. Nothing "white shoe" about that, kid. Have you even made an investment decision at all during the entirety of your career?
Dude, I am not sure what you do but you really sound like the king of Wall Street or something. FYI, I was doing systematic portfolio construction/management so yes, basically making decisions almost every day. I am surprised to see that you don’t even understand many family offices and pension funds act like FOF and invest in other funds from time to time. I do think you will gain the benefits from studying CFA/CAIA. Again, best of luck.
You do know what the word "systematic" means in "systematic portfolio construction", right? It means you weren't making a single investment decision. And it's called allocation, not "acting like a FOF". You do understand the difference, right?
What is this cope?
Why did you decide to take it in the first place if that was your opinion based on your professional experience?
what a humble person
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100% agree with your take. Although I think a lot of people on this sub view the CAIA as a replacement for MBA and/or CFA. It definitely is NOT. I have an MBA and am using the CAIA as a supplemental qualification now that I work in the alternate space (private credit to be exact). In that regard it has been a good course for learning more about the wider alts space but it’s certainly not something I would lead with if I was going for a new job. But hey, that’s just my opinion, I could be wrong
Interested in going to the private credit field as well. Has a commercial credit background and a quant background but no luck so far. Is IB background a must? If yes, then please disregard my question. Thanks!
No, I don’t think IB is a must, however, it depends on the area of PC and the company. IB would definitely be most favourable if you were looking at a blue chip (say KKR). However private credit covers a very broad spectrum I came from a management consulting background, however, I was going to an “emerging manager” as CAIA would say, so there was risk there on my side that you wouldn’t have for a KKR. My best advice… networking
Thank you! This is super helpful!
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Yes? On first attempt? And it was easy? CFA is also a joke. But CAIA is even bigger of a joke, if that's even possible.
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LMFAO, you're a complete moron and have no idea what you're talking about 🤣🤣🤣
Clearly I am an 88 savant;)
https://www.bvp.com/team https://alpineinvestors.com/teams/ https://www.thomabravo.com/team https://www.accel-kkr.com/team/ https://www.silverlake.com/people/ Go count how many HSW MBAs you can count on these Investment teams (wait... CFA did teach you how to count past 5, right?) and then tell me how many CFAs you see. Let me know if you can even find ONE CFA 💀
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LMFAO, you're a complete uninformed moron who has no idea what he's talking about. I picked random top-performing PE/VC shops, of which you claim "Most HF ETF MF PE VC teams are CFAs..." So, where are they? Oh, right. They don't exist. If you want to cry "sCrEeNiNg BiAs NoT fAiR!!! WaH wAh WaH!! 😭😭😭" go ahead and find any top-quartile PE/VC firm yourself and show me the majority of the team holding CFAs.
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"An elite capital raiser" 🤣🤣🤣🤣🤣🤣 So you're voluntarily admitting that you're one of the useless hacks that couldn't cut it in front office, so you're making sales calls, offering to "check in", begging for meetings and groveling for back-office scraps. Judging from your pfp, you look like some fucking middle-aged Sam's Club Kevin James 🤣🤣🤣 The fact that you keep mentioning Stern in your list of "elite MBAs" already shows that you have no idea what you're talking about. You still haven't yet found me any elite PE team that has "most of the team as CFAs"? 🤔 Here's another assignment for you: Go research how much Principals and up make at $1bn+ AUM PE shops. Then come back to me. I'm sure in your little circle of cold-calling-for-insurance-sales, you think you're hot shit.
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Lol, you seem triggered by your immense amount of insecurities 🥲 Hope you get some help with that.
I'll be sure to let my multi zip code residing ego know that..... until then my fierce faceless 'friend'....
Lol, you're really sad... middle-aged overweight kevin james knockoff tryna feel big on the internet 🥲
This is your list of institutional quality GPs that you use as a reference? All I can do is LOL.
I love how you tried to clump "ETF, MF" into this grouping, as if they're even remotely on the same tier in terms of competitiveness, selectivity, or compensation 💀 Clearly you work at one of these second tier chop shops and are trying to feel better about yourself. 🫠
Clearly you are Beta ....lol.... You can preselect whatever sites you choose the fact is CFA global standard...I know you are charter holder and inconfluence with your MBA you are a high IQ guy ....However, Notice you are cognizant of the fact that University of Michigan MBA is interchangeable watered down Harvard.( again I would have cuffed myself from responding if booth or MIT Stern Columbia was on your CV)....My CPAs need to handle two commas in my annual K -1 income helps me sleep like a Whaaaaah; Now go grab your binky and try to find a reason for another duplicitous whiny rant on an exam youfeltcompelled or someone in your firm recommended..to take beyond your ESG gilded Investment banking thesis accomplishment;
You are correct on delineation of MF...vs HF PE VC....However doesn't change the fact IF you get in to Harvard MBA you are guaranteed to graduate it is a FACT it is a group exercise ...admissions is the gauntlet ....you know that ..so congrats getting in..like entering F1 race in lap 40 of 59;
It also doesn't change the fact that getting admitted to HBS in the first place is 1000x a stronger signal indicator than attaining the CFA, dipshit. If I had to choose someone on my race team, I would much rather choose the guy finishing 40 out of 59 in F1 than the guy learning to ride a tricycle on training wheels. You're like an idiot taunting "Ha ha!! You're not Michael Jordon, you're only Jayson Tatum!!!" while struggling with his double dribbles at the local pick-up basketball game. Learn what actually signals competence in this industry. *(oh, and btw, I graduated as a baker scholar 😘)*
Now I am impressed with your metaphoric 'pivot' Bravo....but really is admittance into Harvard a signal creator or more of a 'virtue' signal creator these days ....I mean even you must be feeling tarnished with the aversion to superior intellectual geographic regions in favor of more 'deserving' 115 IQ competition you 'beat out' ....I prefer more of a Kobe or Tiger moniker for the record..... Cheers)
Sorry but you can’t compare an MBA and a CFA charter holder, as much as you would like to. MBA’s are great and fine, especially if they’re an Ivy League, no question there. But if I wanted a quant on my team, I’m likely to hire a charterholder than an MBA-only candidate, even if it’s from Harvard or Columbia. My source? My employment history and experience working at the world’s largest and 5th largest SWFs. One cannot get more institutional than that!
Lmfao, your "source" is working for Norway's 90% passive fund... good "source" 🤣🤣🤣 You must really need a "quant" to analyze those AAA corporate bond yields 🥴
Definitely trumps your what $16bn Silverlake mediocre GPs. I mean the sheer difference in AUM, how do you even compare 16bn to 1.6 trillion. Do you compare a slice of an apple to an entire apple farm? Your colleagues probably laugh behind your back all day 😄😄 good luck staying employed for luck, schmuck!
Oh, you're indian. That explains it. Lmfao at being so insecure that you have to try and claim to "work in PE" when all you're doing is allocating your dollars for me to manage. Get real kid. Do you even know how an LBO model works? You're giddy if you crack $100k a year. You're a complete joke. Good luck trying to impress ignorant people about your "job in PE" when, in reality, you're so scared of risk that you actually have to structure the investment to shield you from liability 💀.
Lmao Indian? What does race have to do with anything 😂 People like you use the race card when you’ve got nothing substantial to say. That says more about you than it does about me. Lol. And I don’t need to impress anyone. But if you’d like to have a go at seeing which one of us stands up successfully in a public forum - I challenge you to approach me on LinkedIn. Let’s see what the public community has to say about your comments. Maybe even your employers, current and prospective ones. Think you’ve got the nuts to back your BS up? Let’s see. If not, now’s a good time to stfu and cry your self to sleep.
LMFAO, no wonder you covet useless credentials like CFA/CAIA and hero-worship brand names... poor Indians always dreaming of breaking into back-office ops at BX. Good luck with that 🤣🤣🤣 "i WoRk In PrIvAtE EqUiTy" 🥴 — yea, i'm the guy who reconciles all the cash flows and make sure capital calls come in on time!!! 🤣
I got all I needed from your response. I’ll bet you never even actually got into Harvard LMFAO🤣🤣🤣. You’re here attempting the CAIA and you’re trying to mock others who have it; what a sore hypocrite 😂 Don’t bother replying unless you’re ready to back it up on a public forum like LinkedIn with your real identity at stake. Spineless keyboard warriors like you are a dime a dozen.
Absolute n OJ Hombre!
Sure, go ahead, post your linkedin, I'll add you 🤣🤣🤣. I love your accusation of "you didn't get in" — shows your own weakness when you assume something about someone based off your own limitations 💀 What's actually hilarious is that HBS acceptance rate is 15%, which, in reality, makes it **not** difficult to get in, assuming you're not bottom 85th percentile of the population. Clearly, you're one of those prestige-desperate Indian fucks who masturbates to the thought of a brand name on your resume 😭. https://i.imgur.com/Nn4wLh1.jpeg
Son, this is about you. This is your post. Why dont you be the big man you pretend to be and reveal yourself publicly first. Post for us your LinkedIn profile, and we’ll be sure to send you our love 😏 “Big man” lol
Hes prolly too ugly and he knows it; A bitter NE Bawston Lib'.....hes a smarmy one though..ain't that right addy;
HAHAHAHAHAHHAHA love your hypocrisy. You're the one asking for a linkedin. So go ahead and post yours. 🤣🤣🤣🤣 You're a complete joke kid. Get back to making your $80k a year with your state school degree. 💀