FT IB or ER for HF exit

Current SA at top MM (Jef/Piper/Roths USA), realized I dont see myself in banking long term and rather am really interested in the public equities space

So, I was curious to ask - for people now at SM or MM funds, how did you get your start?

and do you think it'd be better to FT lateral into equity research or stick to 2 years banking, 2 years PE before moving to HF?

8 Comments
 

Every large MM is hiring kids out of school

The same can be said for some SMs

 Maybe a handful of legacy SMs want PE candidates, but they are not the top spots today 

 

i am currently a first year analyst being contacted by HH on an opportunity at Citadel in London. Not knowing the specifics yet. But just wondering is it a good spot, and are there any concerns on career tenure (being pushed out in two years) as a junior?

 

Churn risk is high at any multi-manager hedge fund


Citadel is obviously a good shop, but your survival and success depends on which pod/PM you’re joining, as you will be learning their process 

 

Thanks! Is there any indicator I can look for when DD the Pm? Tenure? PnL? Smaller team better? Can these questions be asked to HH during conversation

 
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