Spark LP? Anyone know of this hedge fund?

if it's in manhattan upper west side then i've heard of them and yes - i believe they are "legit" - how much more legit do you need them to be than getting 240k a year ?

They're a top tier fund, but (only guessing here) need to pay up to compensate top talent for having to living in Milwaukee though high salaries...

that's Stark Invesments (13bn out of Milwaukee). Don't know much about spark

They are in Manhattan...I believe the one "oldhat" is referring to. Does anyone have any further knowledge?

There is a group based in Asia (Hong Kong) called Sparx. They are one of, if not the largest Asia focused hedge fund groups is the world. Not sure about what presence they may have in NYC so it may not be the same group. Stark, on the other hand, may have an office in NYC but it would only be a small regional office as Milwaukee is their home base. The pay figure sounds high for a group like Stark. Otherwise, I have never heard of Spark LP.

bump

i saw this posting and was wondering the same thing- i haven't ever heard mention of this fund and the ad sounds like it was written by some fast-buck artist, so i wouldn't be surprised if they're a bunch of hacks.

probably going to drop my resume all the same.

they recruit at several of the ivies... from the posting they seem to be a quant fund, but we'll see. no way the salaries are true though. for human recruiting i think they said 150+...

i just hope its not a prop shop

Haha, yeah I resume dropped mostly just because I was so curious as to whether they were legit or not.

They have a delightful website: http://www.sparktrading.com/

Got an interview!

This is the first time I'm actually excited for the "Do you have any questions?" part of the interview...

spark is a very small, relatively old hedge fund that's been closed for quite some time and likes to keep a low profile. They seemed very much legit, but I have no real evidence (other than a business card!)

My interviewer seemed pretty great, we'll see how things go.

is it a fundamental or quant fund? i have an upcoming phone interview with them... thanks

How can you have an interview if you don't even know their principal strategy? I call bull shit.
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http://www.secinfo.com/d13JC5.3c.htm
so they do exist.
Could those who have interviewed mind telling us more about the firm?

Seems interesting, anyone got information?
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1/2 of their employees hold PhDs from top schools. Have employees from Harvard, Stanford, Cornell, MIT, Princeton.

^^paraphrased from their description on school's career services site.

1/2 have PhDs -> I'm guessing quant fund...

neutralnuke, do you know if they recruit from undergrad?
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no idea - no positions listed but guessing that they are recruiting FT at harvard, yale (from the above posts)

i have an upcoming phone interview with them as well for FT hedge fund generalist position. i have no idea what they do...

I don't think they expect you to know what they do. In fact, they might be a little suspicious if you do (their lack of presence is intentional).

But for what its worth, my interviewer described their strategy as "stat arb but actually done right" for what its worth.

Expect to be asked "Does money motivate you?" And to talk about your academic background.

In any case, doesn't look like I got a second round.