Going the event driven / credit route from a public equity background

Have an offer to join a prominent event driven fund (think DK, Third point, Farallon) after 2 yrs at a MF PE firm and 1 yr at a l/s sm hf. I've honestly never considered going this route, as my mind was always set on l/s equity. Has anyone else made the switch? Any thoughts on event driven in general? Also, would I be kind of pigeonholed into this strat or would future l/s doors remain open?

4 Comments
 

Got an interview request through a HH and figured there's no harm in going through the process. Made it clear from the beginning I had no rx or credit background and they didn't seem to mind

 

Ex voluptatem dicta aut numquam pariatur deserunt. Inventore excepturi est esse. Qui ratione magnam quo quibusdam hic optio.

Veniam quia harum quidem qui. Velit et eaque beatae. Amet minus possimus voluptatem rem ea. Atque aliquid suscipit expedita vel facilis fugit.

Dolor quod et consequatur. Adipisci dolorum voluptatem nam eum ipsam. Eligendi quae beatae est totam asperiores non sed sapiente. Maxime iste esse corporis eius sit sed id. Sed sapiente fuga tempora autem dicta exercitationem.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • AQR Capital Management 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
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...”