Does anyone work at/know someone who works at Clarium?
Wanted info on organizational structure, especially as it pertains to equities.
| +25 | Do Quantamental roles really exist? | 10 | 1h |
| +15 | Average single manager slope | 5 | 3d |
| +13 | Fastest Way to MMHF? | 9 | 1d |
| +12 | L/S Equity Career London | 5 | 1m |
| +9 | Bad PM | 5 | 1d |
| +9 | Yes, this question again… | 2 | 1d |
| +7 | Hedge Fund (Fundamental Long Short Equity) Compensation in Singapore Hong Kong | 2 | 11h |
| +5 | X | 6 | 2d |
| +5 | Worth Joining a Small Hedge Fund? | 6 | 18h |
| +2 | Walleye SA 2027 | 4 | 4d |
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.
It's a solid fund. I wouldn't join it for equities though... according to their last 13-F, they held less than $100M in equities.
For global macro though, it's top notch - some of their research guys are incredibly smart (Patrick Wolff was US chess champion twice, beat Kasparov). From what I know, it's a very start-up culture (which makes sense given its roots), very smart people, mostly Stanford grads.
ideating's assessment is pretty valid. While I can't comment specifically on the equities side, I know several folks that worked on the macro side and it's definitely legit. If you're keen on wanting to do straight-up securities analysis, it might not be for you; however, if you want to be part of an awesome think tank and work with some of the great minds in the industry, that's a good place.
Again, I don't have personal experience with Clarium, but the positive comments I've heard were based on its reputation as well as friends/classmates that work or have worked there.
I corresponded with a guy who works there recently. Great macro fund, started by Peter Thiel, the founder of Pay-Pal and one of the early funders of facebooks. They like hiring people who are accomplished and think outside of the box. Pretty sure they don't do campus recruiting.
Performance has been less than stellar (down 6% in 2007, down 25% in 2008, down 5% 2010 YTD) and assets are down by over 80%. Wouldn't consider this performance "top notch".
They've been shitting the bed as the poster above me is alluding to. Peter Thiel is a smart guy but he has some strange ideas. There is a video online somewhere about him talking about the impact of the singularity on finance and his ideas were rather bizarre (from a financier's point of view). But the intellectual climate over there must be awesome.
Clarium have had very very crappy time since summer 2008. They are massively underwater though are unlikely to go under - they have a massively sticky capital base (the majority of it now is Thiel's own money and that of his Valley buddies like Levchin etc). Great place to learn if you can get in - though there are safer places to start your career. The senior guys I know from the firm are amongst the most intellectually smartest people I know. They just traded too dogmatically especially last year and ended up getting burnt from it.
Does clarium mainly hire people from investment banks? they're pretty secretive when it comes to hiring, since they don't recruit on campus.
No, they do not. Most of the guys who work there are people Thiel bought in from his PayPal days or who he has known/worked with out of SIlicon Valley, mostly young entrepreneur guys in their 20s. They are unlike most other hedge funds in their recruitment policy and do not value 'typical' banker traits. I don't know if things change now that most of the investment team have moved over to New York. Thiel himself only spent 18months at Credit Suisse out of Stanford Law before starting his own hedge fund, and none of the senior guys (Wolff, Selby etc) are ex-bankers, infact their head trader has never even worked in a bank before!
Voluptatem iusto consequuntur esse et voluptatem. Omnis magni vitae quo sit ad est inventore. Adipisci deleniti quod rerum molestias velit provident molestias. Est qui voluptas est consequatur voluptatem. Inventore eum ipsum quia aut soluta reprehenderit rerum.
Sint dolores deserunt asperiores tempora id. Aut fugiat modi aliquam. Saepe quo porro voluptatem. Quis sed magni autem mollitia tempora.
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...