5 Comments
 

Exit opps could be research at any number of firms (bank, large physical commodity trading firm, hedge fund, large energy company), trading at those same firms, or any number of positions in the oil & gas industry.

I really don't get your question though. People work years and years in consulting and IB to get INTO hedge funds. Why are you concerned about exit opps out of a hedge fund? Wouldn't you just work at another fund (or start your own if you're any good)? There will always be a need for people who know tons about the natural gas market.

 

VandalayIndustries, Thank you very much for your comment. I have 3 concerns:

1) fundamental research for energy trading is not really relevant to other types of investment. Equity research is very relevant to hedge fund or mutual fund, even private equity. So once you work in fundamental research for energy trading and can't become a trader, you will be stuck in fundamental research.

2) Although fundamental research is very important, especially for hedge funds that trade energy, traders are the kings. I saw a lot of people did fundamental research for several years and became a trader. But many people never became a trader. How hard to become an energy trader?

3) some people became traders, but went back to research after several years. It's very common. Is it because they are not good at trading?

 

Trading vs. research is a personality thing, IMO. Some people are comfortable taking risk and others aren't. Of course skill plays a part as well. If someone goes back to the research side, it could just be that they decided the lifestyle is not for them.

 
Best Response

Officia neque saepe rerum. Consequatur dolorem accusantium et voluptas nesciunt voluptatem quo.

Veniam recusandae quos necessitatibus magnam dolores cupiditate. Voluptatem eos velit ut non. Consectetur omnis aliquid sit.

Career Advancement Opportunities

October 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.0%
  • Citadel Investment Group 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

October 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

October 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

October 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 (76) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $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
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”