Value Hedge Fund Compensation
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.





Analysts are not your typical
Analysts are not your typical analysts by bulge bracket standards. The analysts at hedge funds are typically in their thirties or have had significant amount of experience within the industry before. I know personally an assistant portfolio manager at a high income fund come in as an analyst at a hedge fund this may be an aberration but if you look at some of the profiles they have MBAs and significant experience.
too large a variance for any
too large a variance for any "averages" to be meaningful