Anyone know much about Jain’s new fund?
Heard it’s supposed to be a huge launch and they named a few executives already. Curious if anyone knows any PMs or Business Dev folks going there.
| +21 | Future of L/S | 5 | 2d |
| +17 | Latest blow up / wind down | 25 | 2d |
| +15 | James Fishback | 7 | 9h |
| +12 | Looking for Fund to Partner With - LMM Activist | 4 | 6h |
| +10 | SM L/S Compensation? | 3 | 8h |
| +9 | Moving from credit to equity? | 3 | 4d |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 1d |
| +9 | How to prep for credit HF? | 4 | 1d |
| +4 | Jensen Huang | 1 | 1h |
| +3 | Chefs at Pod Shops | 2 | 3d |
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.
deltahedged_, shame nobody has responded. Maybe one of these topics will help:
More suggestions...
Hope that helps.
Bump
My PM recently left to go there, hearing lots of 7-8 figure guarantees being thrown out by Bobby. IMO it's the epitome of the crazy MM launches we've seen recently. Just madness.
Sounds like ExodusPoint Jr.
Does sound like it but the guarantees I've been hearing sound too good to be true. I'm gonna as far as to say it's Exodus 2.0, not jr, both in terms of talent acquisition and AUM.
Curious to see where this era of MMs leads us.
Can you send me a DM
can you also send me a DM... talking to Paul in a few weeks.
Hey do you please mind DMing me? I talk to Paul this Tuesday and would really appreciate any tips.
Are you Equity L\S or Macro?
Recently Global head of Central Risk Book in BB joined there as head of trading execution, for building all the centralized trading systems
Wait Paul Enright is chairman of Jain's new firm? Wow
Launching a new firm in your 50s just sounds rlly tiring btw. Just sayin'. Respect this guy's work ethic
I mean Jain probably paid him a fuck ton of money so the guy is probably like yolo why not
Just a copy cat of mlp? Anything different in terms of strategies, drawdowns, risk mgt, office locations?
Sounds very different
Sarcasm? If really different, mind elaborating? Thanks
How
I love the move of hiring Enright - everyone has listened to the Enright episode of capital allocators - so allocators will be like “Paul Enright - I heard him on that podcast” - cuts check for new fund
Per bloomberg, they're cutting fees to get in clients so perhaps fundraising not going as well as expected. I've heard through my network that they're a bit desperate for talent so have made some PM offers that wouldn't make any sense elsewhere due to lack of record.
I don't think 50bn more LP capital to the space in last few years resulted in similar growth in talent pool.
FYI they are on record saying quant won't be a significant part of their strategies
They are probably soft launching with 3BN and will grow over time. The PMs joining (publicly that is) have not been superstars but I’d imagine there are some none public hires that are.
A bigger launch this year that is sneakily quiet is Taula - believe they are launching with 5BN+
5bn in Millennium dollars means closer to 1bn in real money
Illum animi possimus accusamus culpa. Voluptas aut vel quia dolorem accusantium ut. Laboriosam delectus sit rerum rerum sit natus ipsa. Est aliquid neque suscipit. Officiis saepe tempore voluptatibus nesciunt reiciendis qui. Sit eos modi voluptas sequi.
Ea sint nulla quidem similique ut id est. Vel facere consequatur sed et. Ut veritatis et iure tempora numquam autem.
Et dignissimos est porro minus. Tempora quod asperiores et eum quas quam perspiciatis. Modi consequatur cumque quis quasi labore corrupti exercitationem. Totam blanditiis distinctio omnis voluptatem. Sit quis eos possimus architecto recusandae aut aut. Ratione dolorem earum non.
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...
Temporibus ut quisquam est distinctio non voluptas ea. Hic accusamus optio dolores quae molestiae enim magnam. Aut voluptatem quae voluptatem et repudiandae necessitatibus officiis esse. Aperiam corrupti neque quam nobis doloribus. Non asperiores unde aut quo ipsa vel.
Temporibus dolorem labore illum numquam. Id in culpa atque vero non. Eaque minus repudiandae vel non dolorem deserunt.
Corrupti eum possimus eum et. Voluptatem enim quam nobis omnis nobis. Aliquam dicta sunt optio hic aperiam iure et.