Would greatly appreciate any insight into the firm’s culture, comp, “prestige,” and exits. Seems like a really interesting shop – they were involved in the Argentine debt crisis. Just not a lot of info out there, so was curious as to general perceptions of the firm. Thanks!
| Best Public Markets Gig? ER, MM HF, SM HF, or LO AM? | 13 | 2d | ||
| +44 | How to start a family office (HF rainmaker) | 17 | 1d | |
| +34 | Law to Quant Pivot? | 10 | 2d | |
| +23 | Starting Personal Account | 12 | 8h | |
| +22 | Looking for a Fund Manager to partner with to start a new fund. | 17 | 2h | |
| +21 | People who work at hedge funds, what made you interested initially? | 13 | 1d | |
| +20 | How to destress at Pod HF? | 8 | 22h | |
| +19 | Hedge Fund WLB | 6 | 1d | |
| +19 | HF Final Round Interview | 4 | 5d | |
| +17 | Most appealing public credit seats out of RX? | 1 | 5d |
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.
Lol. Boy do I have a story about this shop
Haha interesting… mind if I PM? I’m curious lol
Also curious, is this a macro hf?
Come on man spill that ☕
.
Man that argentina play was simply devious and brilliant.. Bracebridge bought their bonds for 120m, returning 1.1B to them upon settlement
yup a pretty legendary deal
Highly respected but under-the-radar FI shop. Ran into them on a few restructurings back in the Rx days, and can testify that they're all generally very sharp. Seems to be an ivy-only investment team for the most part, and have heard that the culture is somewhat academic but you can comfortably avoid the toxicity of MMs. Overall, really great place to start out of UG, people in the HF space will know who you are, can't necessary say the same for non-HF people since they're actively low-profile. In terms of exits, I've seen one or two at my firm (big distressed HF) and some other macro funds, but most people I've met from Brcap seem very content with where they're at.
For the sake of transparency, I did RX in the states for 2 years and have since moved to L/S credit, but in my time in RX, we saw Bracebridge on one engagement. Believe they’re much more focused on liquid credit / structured products and fall under the “quantamental” bucket, so not your usual suspect in distressed cap stacks these days like the SPC / Monarch / DKs of the world. Would not recommend this as a first choice for anyone interested in public distressed.
Agreed that they tend to hire mathematically inclined folks, with a preference for the NE ivies. Personally, didn’t see any interest among my old RX class or analysts from similar shops but think that’s a function of their tending to hire out of undergrad. Good shop but seems candidates out of UG use their internship as a jumping off point for RX / other credit HFs.
May be worth deleting the 2024 SA posts before saying things like “in my time in RX”…
Fugit natus optio cum accusantium quo rerum. Iusto quo nobis hic nihil qui illum voluptates. Repellendus reprehenderit laudantium ea nihil. Perferendis corrupti doloremque explicabo iste. Sed voluptatem necessitatibus sit laboriosam cupiditate aut laudantium.
Quisquam qui animi officia et. Corrupti dolores ut totam earum. Nihil impedit vel animi eveniet sint maxime repellendus. Sed eum corrupti aspernatur doloremque sit cum.
Ex consequatur voluptatum dolorem exercitationem at quis ea. Necessitatibus doloribus facere hic qui voluptas maxime. Maxime ut quae sed quis quo. Eos aperiam omnis ullam sunt rerum ut id. In sunt aperiam dolores fugiat molestiae error.
Veniam quis totam officia fugiat. Totam et amet eum amet sed. Rerum quia minus iusto dolor voluptas et quaerat. Quia rerum eveniet modi voluptas sed exercitationem modi.
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...