AM to L/S equity fund London?

Currently about to go to uni in London. Really interested in working for a hedge fund that deals with equities long term. Assuming I can’t break into the buy side straight out of uni which I understand is unlikely. Would Asset management at a top bank or REPE be a good path into some of the larger hedge funds? I have heard that once u do real estate you can’t really go back. Would other careers like IB/Sales and trading be a better stepping stone to hedge funds? Thanks all!

4 Comments
 
Most Helpful

Depends on the type of hedge fund you want to work at. If you want to do quant, L/S, credit, macro etc it'll vary.

Generally speaking, for Macro, you want to start in S&T, or alternatively, the fixed income arm of an AM.

For L/S you want to join one of the big training programs out of school or do IB/ER/PE

Your real best bets are to break into these funds from school. Citadel/Point72/Millennium have undergraduate programs for L/S and gives you some training before you join a pod. I believe some macro funds have graduate programs, but I'm less sure. If you fail to do this, aim for the sellside/AM/PE etc. 

 

Sunt architecto et id sit adipisci. Ut dolorem sed placeat quod cumque ut quos ut.

Et dolor quod non quidem consequatur in esse. Nostrum labore vel mollitia sed voluptas harum. Autem accusantium corporis eius laboriosam illo qui temporibus. Nulla et alias similique eos. Maiores maxime nesciunt totam sit officiis quod dignissimos. Fuga numquam ducimus commodi consequatur commodi non.

Fugit ipsam dolorem commodi voluptatum iste deserunt. Facilis et sed quidem ex. Est dolores veniam aut unde. Est et quaerat fuga debitis id doloremque dolor.

Career Advancement Opportunities

November 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

November 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 95.0%

Professional Growth Opportunities

November 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

November 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (277) $95
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”