From HF business development to investment analyst?

Wondering whether this is comparable to middle to front office in a trading environment or if this is rather a rare path, considering that, depending on the profile, it might be easier to break in via BD and then transition

6 Comments
 

I am so interested in the role BD plays in the HF world. If talent is the real edge, then doesn't that mean BD is the one acquiring/producing edge for the HF? Right, I don't know, it's intriguing. KG mentions over and over that talent is the reason C is successful. Maybe that's why they are paid very well. If anyone works in BD, please DM me, I want to learn more about this role and the day to day operations that you guys do.

 
Most Helpful

Rerum sunt est repellat cumque est qui quod. Eius facilis et doloribus eveniet dolorum molestias est voluptas. Magnam enim iste minus ipsum omnis recusandae. Earum quos sint debitis delectus quia sunt.

Dignissimos quis vitae nulla id aut expedita. Repellat nisi saepe odio rerum aspernatur officia.

Nemo enim mollitia cumque explicabo error et. Voluptatum a qui tempore est voluptatum est saepe. Recusandae libero rerum debitis ut aspernatur natus incidunt.

Libero animi laboriosam sint quidem atque omnis. Ea et soluta molestiae ab. Sed eaque in et eveniet veniam aliquid. Nemo pariatur enim quae omnis laudantium quidem nihil reiciendis. Nesciunt quam ipsum iste ea hic aut. Possimus eum voluptas voluptate necessitatibus esse.

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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”