Breaking into HF from VP IBD

Hey all,

I've been thinking about my career and am wondering if anyone has been able to successfully make a jump from the VP level within investment banking to the hedge fund world - would love to get some tips if so or if you've seen it happen 1st or 2nd hand. I'm thinking the most applicable roles would be fundamental long only, long/short, and event driven / merger arb at single manager / multi manager platforms, but not super familiar.

Some headhunters have been somewhat receptive in the first conversations to platforms that might consider non-traditional candidates. Are there any tips or advice (including which headhunters would be the most useful or those to avoid?)?

Thanks in advance. I know it's a long putt.

Comments (6)

2mo 
wso_user, what's your opinion? Comment below:

Why would you leave a cushy IBD VP position to work more, have more instability, lower pay (except outliers), and less exit opps at a HF? Makes no sense 

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  • Associate 1 in IB - Cov
2mo 

Im a first year VB at a BB (ignore username)

I recently have had some interviews for merger arb positions for discretionary trading teams at another BB,  but just didnt get it accomplished.  I also had one small HF interview for an alumni that started a tiny shop.  He seemed receptive but ultimately told me he wanted somone younger who could grind more and be paid less (and didnt want to disrespect me )

There's opportunities.  Keep looking as much as you can.

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  • Intern in ER
2mo 

damn lol

2mo 
MMPM, what's your opinion? Comment below:

Highly unlikely he will work more at a HF than IB.

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2mo 
HFANALYST84, what's your opinion? Comment below:

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