I am wondering what the average compensation is for analysts/portfolio managers,etc. in value and special situations hedge funds (no quants). Obviously, an analyst doesn't make as much as a portfolio manager, but I am after what a typical pay progression looks like assuming one is successful. Do the largest hedge funds of these kind (AUM) hire, and do they let individuals with experience manage a decent chunk of money? I guess I am looking for a synopsis of what could be a possible series of job outcomes in this particular sector of the hedge fund market. Right now I am investing my own funds using a valuation methodology, and would really like to pursue this professionally: read SEC reports, give my advice, and eventually manage big bucks or assist in the endeavor. If anyone with relevant experience could comment, that would be great. Also assume that I am at a school in which landing this kind of job is a possibility.
(Senior Monkey, 91
Points)on 4/1/10 at 10:54pm