Old Fund Refusing To Cooperate As A Reference (Starting Competing Fund)

Hey monkeys, for reference I recently left a very reputable non-pod shop HF (think Pershing/Elliott/Glenview) as their Head of Macro as one of two individuals at the firm (the other being a C-Suiter) with trading authority. I have recently left to raise a competing fund and my old firm is trying to ruin my credibility by downplaying my involvement, role, title and alpha-generating abilities. They have downgraded my title from Head of Macro to Research Analyst when called for references, despite the fact that I have been referred to as Head of Macro in both internal and external (client presentations, industry conferences, etc) materials. 

How should I go about discreetly handling this situation so it won't damage my reputation especially while I'm talking to potential LPs for my new fund? I'm currently on very bad terms with select individuals at my old fund, so anything involving them isn't an option.

 

ooo, topical. Y'know people hate on your trolling, but you're clearly putting in at least some modicum of effort to keep it fresh which goes noticed!

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Following, am in a similar situation. PM told a Yipit person I "lead our tech efforts" so I changed my title to CTO & Head of TMT, he didn't like that. 

 

For sure, feel free to hit up @HighCaliberTalent as well, he's in a similar situation. Happy to get a group chat up and running for those in the same boat too.

 

Fugit laudantium doloribus eos ab provident possimus amet. Non et harum id et impedit aut nisi. Ut omnis iste blanditiis recusandae ex unde dolorum. Omnis qui porro quis. In enim consectetur architecto libero quaerat accusantium rerum. Quisquam et accusamus sunt quo voluptas. Accusantium corrupti nemo aut est.

Sit itaque qui praesentium nihil. Dolore dolorem odit sit repellat dolorem necessitatibus officia magni. Natus tempora aperiam qui.

Quo blanditiis a ut. Reprehenderit nihil hic est et impedit. Nisi in placeat qui quia qui accusamus ut maiores. Voluptates at vero commodi id. Laborum rem doloribus itaque velit natus ut iusto in.

Corrupti doloremque voluptas omnis qui reprehenderit voluptatem. Dolorem molestiae quod quia recusandae et eius vel modi. Rerum voluptas in magnam vitae doloremque autem consequatur ipsam.

Career Advancement Opportunities

June 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

June 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

June 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

June 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (25) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (227) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (253) $90
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
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
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...”