Has anyone recently gone from ER to a single manager HF?
Curious what the process was like and how often this happens. Do you think IB or ER (if both are at a good bb) would work better?
Soph in college trying to figure out what I'll do next summer.
Bump
Bump
I am not going to lie to you. Every single ER associate who I have heard trying to make it to a single manager mega hedge fund has failed. But where they have failed, you will succeed. Why? I have seen hedge funders seize ships owned by Argentina, and others acquire controlling stakes through a private loan-to-own or situation where they can buy up almost the entirety of the fulcrum. Yet their strength, intelligence and speed are still based in a world that is built on rules. Because of that they will not be as strong, smart or as fast as you. Good luck.
Not what I wanted to hear...
IB probs places marginally better than ER for (SM) HF fam. But Peak Frameworks put up a survey on his instagram months ago that showed ER associates actually placed better than IB analysts for fundamental HF at one point. I forgot the time frame for that one. Go look up his instagram and search for it.
I'd also go for IB in your situation - opens more doors in general (namely PE and corpdev, those sort of 'process work' roles). You're still a soph so plans can change, life is fluid
It depends many things.
Hope this helps.
I will be under a top II software analyst when I start at a BB and I'm certain I want to do public equities at a SM hedge fund afterward. Will this really be equal to doing a top IB group?
Culpa ad et rerum. Consectetur consectetur aliquam veritatis quas et unde. Dignissimos velit est accusamus aut consequatur facilis et.
Eum quaerat consequatur eos doloribus sequi. Reiciendis aperiam deserunt vel omnis. Et occaecati dolores quos iusto amet rerum fuga.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...