Absolutely put it on your resume. That's serious differentiation relative to your peers. Having said that, you'll be surprised at how busy you can get in IBD and even that incremental 5% of time can seem like a serious drag later on. Also, you'll have to disclose it for regulatory purposes if and when you do start working at a bank (i.e. outside business activity), but I doubt that, that will be an issue, more of a FYI.

 
Best Response

500k? I am curious how the fund will be able to keep 12 people on staff.

And for hedge funds, ALWAYS put some identification. Someone can have Magnetaur on their resume and bulge bracketeers wouldn't even know that its more prestigious than a BB IBD job. If the fund is big, put AUM. If the fund is small, say spin-off/ ex BB prop desk or whatever to identify.

Keep your strategy as general as possible. Instead of saying Stat arb or convertible arb, just say relative value equity/ fixed income strategies.

Doing the above should get your resume looked at more. Lessons from recruiting.

Pennies from JcPenny
 

Going back to the AUM. To keep 12 front office people (software guys count if the quants understand how the strategies make money), the fund needs at least 200-300 million assuming 1.5/20 economics.

What drew you to the shop? Seems like people really believe in the founders.

Pennies from JcPenny
 

It's a student-based thing that we all wanted to experiment with for the time being... not a FT job. Think of it more equivalent like a university's investment fund in terms of current level.

Mr.Mathie | Ideas are nothing without execution - Jeux de Commerce Central
 

It is so hard to read, no one wants to review it.

On a serious note; it is so hard to read, no one wants to review it. Make it more 'glance' friendly.

When a plumber from Hoboken tells you he has a good feeling about a reverse iron condor spread on the Japanese Yen, you really have no choice. If you don’t do it to him, somebody else surely will. -Eddie B.
 

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