2 Comments
 
Most Helpful

Citadel BD reached out a few years ago so I spoke with one of the people on the team, so here were a few of my notes:

  • Global mandate with focuses on merger arbitrage and other soft catalysts
  • The PM joined in 2021 and has 5 juniors under the PM managing just under $2bn
  • Team is made up of a few people completely new to the buy side (former VP at MS IBD and a lawyer) as well as a few other analysts that have experience in merger arb, L/S, and a capital markets focused trader 

My takeaway from the call was that it’s just a very odd team within Citadel that isn’t really like any other, which can be taken either way. I also spoke to a few L/S guys at Citadel I knew who all sort of told me to stay away. Information is a bit dated probably so YMMV

 

Numquam aliquid animi corporis. Omnis tempore et assumenda sit.

Error ab aliquid quo pariatur. Molestias repellat quis distinctio libero. Velit eaque eligendi vitae at consequuntur ducimus.

Career Advancement Opportunities

November 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

November 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 95.0%

Professional Growth Opportunities

November 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

November 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (277) $95
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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
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...”