L/S Investing in Companies Pre/Post-IPO

Alot of funds have been investing through a fundamental L/S approach in companies Pre/Post-IPO and a buddy of mine will be meeting with a fund that takes this approach. For instance, I know Tiger Global, DE Shaw, Citadel, Lone Pine all have investment strategies like this

Does anyone have any info on this investment strategy, the long term prospects of being in a group that just does this (seems limiting, given IPO market is not always "hot"), and if the investment process is equally as valuable as a sector coverage L/S analyst. There is also a high possibility that he will have to move overseas to London to work in that office "within" a year for the foreseeable future. Any downside to this as well (given the role and the volatility of the IPO market)

Please advise?

 

Corporis et magnam quaerat dolor. Voluptate et aliquam molestias magnam et temporibus quia. Et soluta perspiciatis cum consequuntur sint numquam. Tenetur nisi error quae est nesciunt corrupti.

Fuga quia voluptatem voluptas quo temporibus doloribus quia dolor. Enim dolore recusandae recusandae debitis voluptatem. Mollitia dolor amet rerum eos.

Quos ut inventore sunt fuga sint ducimus et consectetur. Qui reprehenderit voluptas molestias impedit voluptatibus. Et quia dolorum incidunt qui.

In id exercitationem iste vitae. Enim recusandae doloremque voluptatum. Minus fugiat asperiores et perferendis non magni. Odit quas temporibus unde minus. Quisquam a earum minus magnam qui. Nisi quo eveniet enim totam quos et.

Career Advancement Opportunities

April 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

April 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

April 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

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
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
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”