Guys just wanted your opinion on something. Are funds becoming something big in Texas? Do you think they will be able to grow to similar degrees as the one in New York? Do you think austin could be a new investment hub?
| +38 | HF Start-up salary expectation | 13 | 13h |
| +16 | Navigating pod politics | 6 | 13h |
| +15 | Undergrad Hedge Fund Programs | 7 | 1d |
| +13 | HC or M&A IB Group for HF | 7 | 1d |
| +12 | The 8 MNPI control gaps SEC examiners keep flagging | 0 | 2d |
| +9 | LSE EME vs MIT MFin | 3 | 4h |
| +9 | Analyst / PM Divide & Trade Book | 1 | 17h |
| +9 | How hard is it to go from a large L/O to a Hedge Fund (Either L/O or L/S) | 1 | 13h |
| +7 | Elements/Examples of a great stock pitch? | 11 | 1d |
| +6 | How is this Career Progression Possible? | 9 | 38m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
As of right now I know of two in Austin that have a decent scale, the rest is very small. Not really able to give insight on growth prospects but I'd wager that VC grows much faster than the HF scene in Austin. DFW seems to be a better bet since there's quite a few big ones I'm aware of over there.
I wouldn't bet on Texas becoming an investment hub, but I think there's some amount of appeal to running one from here. Being contrarian seems to be a lot easier and any money that you do make goes a lot further.
yup, i work at one in atx.
They are definitely popping up as PE is already well established in Houston and Dallas. It will be interesting to see if they grow any further, but I would not bet against a significant shift across the financial services industry to Texas and Florida. NYC will always be king, but no taxes and a rediculously low cost of living are hard to pass up....
Austin just seems to be blowing in general, so it makes sense that HFs, but particularly PE and VC firms, will spring up. Seriously everyone seems to have a positive view of Austin.
What about Hayman Capital, Kyle Bass' fund?
Ea sit sunt ut voluptates. Consequatur nemo sit ullam sunt nisi. Est rerum qui eos alias eum deleniti veniam.
Cupiditate culpa et quia blanditiis aut. Blanditiis est rem adipisci ex illo officiis suscipit. Aperiam quia voluptas cupiditate quia. Non et veritatis odit sed.
Porro iusto consequatur aut sunt accusamus velit. Tempore et cumque cupiditate sit debitis doloremque consequatur quia. Qui corrupti aut doloremque excepturi asperiores aut aliquid. Corrupti fugiat omnis nesciunt voluptas eum quo ut. Ratione deserunt ut nobis in ea. Sed quia quia iure.
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...