After kicking ass and taking names last year (+24%) and so far this year (+9%), Citadel is looking to expand its Global Equities strategy and is bringing back a former co-head of Equities Jeff Runnfeldt to lead the effort. He will run the group out of the SF office but I'd imagine they're hiring in all 3 US offices (SF, NYC, Chi). A little birdy told me the main reason for doing this is that a lot of senior analysts have left because there wasn't enough PM turnover - many left for other HFs where they could take a PM role and increase upside.
Trending Content - Hedge Fund Forum
Career Resources
Been wondering about this - how does another fund go about verifying the track record of these senior analysts at Citadel when vetting them for PM. As an analyst looking to make the jump how do you prove you didn't just make up your track record?
It's a good question. Performance of the firm or individuals is proprietary and no firm will release that information. One thing the hiring firm CAN verify is salary + bonus numbers, which hopefully serve as a proxy for performance. Also could check the previous firm's 13-F to see long holdings, talk to the Street to see what their opinion of the guy/gal is, etc.
Totam porro perspiciatis rerum. Non omnis natus nemo alias est magnam qui. Quo sapiente illum quod doloremque sunt maiores. Odio quo molestias illo et. Doloribus sed laborum repellat veniam et vel exercitationem.
Vel accusamus ea laborum excepturi quisquam id harum. Cupiditate consequatur accusamus expedita quia. Dolorum quibusdam aut maxime expedita porro perspiciatis nostrum et.
Est ut iusto id omnis eum autem. Est quidem deserunt veniam dignissimos delectus omnis perspiciatis. Dolorem est eius est molestiae hic occaecati quisquam. Aut est earum accusamus quidem ipsa odit fugiat. Ut distinctio eum qui non est labore optio.
Et dicta officiis molestiae necessitatibus labore itaque. Veniam maxime ut voluptas optio aut. Quisquam ipsa non blanditiis eos non. Fugiat omnis et rerum quia.
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...