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Interviewed for a TA/operations type seat there when I was coming out of undergrad. They are a pod prop shop set up by ex-First New York guys. When I interviewed they just had partner/internal capital and i dont know if they have take external capital since then,

When I interviewed circa 2017 they were mainly focused on equities and were explicitly not trading ficc products. I believe they have since branched out into macro products. Team i specifically interviewed for was event driven international equities. Overall folks were pretty smart and intense but actually nice.

 

Thanks for your reply! I'm currently interested in their training program out of undergrad. Do you think it's a good opportunity for someone interested in breaking into hedge funds (preferably macro or l/s equity)? Based on your experience interviewing out of undergrad, did it seem that they really focus on the development of their juniors? Or would it be better to start at a bigger bank / bigger HF?

 

Found another First New York offshoot cleared by Goldman/Redi, called Conventus Capital, anyone with inside info on them?

Seems to be founded by two big time former bulge bracket traders who later transitioned into independent prop.  Very small so I would imagine getting one's foot in the door to be extremely difficult.

 

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