Hi Guys,
What does comp look like on the buyside HF for a 1st year associate? It is a single manager fund with a 2 senior members and me, the sole associate. Roughly 150MM AUM fund that is just starting. I am 5 Years post MBA, with a med school background and 4 years sell side experience.
Any guidance will be helpful. It is a dream job for me and I will take the offer regardless of comp but just want to know what average comp is for the first year on a hedge fund role. Do I ask about equity or points? As a startup there is a lot of risk but this can scale up quickly and I want to ask the right questions regarding comp so I share in the reward given the risk. I have secondary offers for banking at an elite bank (think Moelis/Centerview and Sell Side research at a bulge (think Goldman/JP Morgan).
Thanks.
Seems odd that they're giving you the title of analyst and not associate. Analysts for funds of this size typically wouldn't make much (maybe $85-100 base), but given your experience you could get as much as $120-150 base.
Is this based in NY?
Why do you think this is a right step for your career?
Sorry - just realized this is a hedge fund, not PE, correct? Ignore my $85-100 comment. You should definitely get $120+ unless it's outside NY.
Sorry about the title, yes, this would be an Associate role in NYC at a hedge fund.
I have been wanting to focus purely on the investment side and focus on science behind companies-biotech specifically, without the bs marketing component and ad nauseam publications
Eum fugit nulla ad laudantium sit optio. Ratione qui veritatis maxime asperiores. Sed qui eligendi et aspernatur a. Aliquam dicta alias eos et et eum cumque et.
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