Based on the most helpful WSO content, BlackRock, with its nearly $10 trillion in assets under management, offers a variety of job opportunities and has a significant presence in the asset management world. While the specific details about compensation at BlackRock's L/S hedge funds aren't provided in the context, it's generally understood that compensation in such firms can be influenced by factors like the size of the fund, the role's seniority, and the individual's performance.

To give you a bit more color, compensation in the hedge fund industry, including at places like BlackRock, can vary widely. There are a few components to consider:

  • Base Salary: This is the fixed income part of the compensation and tends to increase with experience and seniority.
  • Bonus: This can be a significant part of the compensation in hedge funds and is typically tied to the performance of the individual, the fund, or both.
  • Long-Term Incentives: Some firms may offer profit-sharing, carried interest, or deferred compensation plans to align the interests of the employees with the long-term success of the fund.

As for a compensation ceiling, in the hedge fund industry, particularly for roles that are tied to fund performance, the ceiling can be quite high, especially for those who progress to senior roles like Portfolio Managers. However, it's also important to note that the hedge fund industry is performance-driven, and compensation can fluctuate with the success of the fund.

For the most accurate and up-to-date information, it would be best to reach out directly to BlackRock or network with current or former employees who can provide insights into the compensation structure for L/S hedge fund roles at the firm.

Sources: Top L/S in London and Hong Kong (e.g., Lone Pine, Viking, Coatue, Maverick, Darsana, etc.), Everything You Need To Know about BlackRock, What I've Learned About Hedge Fund Structure and Compensation, What I've Learned About Hedge Fund Structure and Compensation, https://www.wallstreetoasis.com/forums/compensation-differential-nyclondon?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Quia laboriosam amet voluptatem fuga. Reiciendis deleniti eligendi ipsa error. Sed ratione accusantium inventore non tempore. Hic harum magnam aut repudiandae ut odio et. Voluptatem non qui quisquam non est placeat sunt.

Omnis quia laboriosam aut harum et aperiam. Enim necessitatibus fugiat ut amet incidunt saepe officiis quo. Numquam eveniet sapiente hic.

Ea maxime adipisci repellendus adipisci quidem consequatur debitis. Delectus autem quasi perspiciatis in corrupti quo voluptas. Fugit in autem quasi. Deserunt reprehenderit nemo commodi cupiditate ea molestias.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $85
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...”