Good question/ Quick one

Currently working at a Hedge Fund doing research. (I'm still in school) getting a 7,66 & 79 this summer. I just got a someone who wants to give me a decent pile of cash to open a fund but I do not have $30k laying around for lawyer fees and getting my own fund open. WTF do I do? is there an easier way to go about opening a fund? Didn't Ken Griffin open Citadel with 5k or some small sum?

5 Comments
 

Can you give a ball park figure for how much this dude wants to give you?

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

In the range of $250k- $300k. Family wants to chip in as well. I just feel that I'd like to spend at least 2 yrs in IB to become good at modeling and meet some more people on the street to build more credibility. I see this as a plan B if I don't get into IBD. What are your thoughts?

"The higher up the mountain, the more treacherous the path" -Frank Underwood
 

Eveniet quaerat delectus et. Excepturi qui non architecto doloremque. Magnam sint minima quisquam sunt. Quas molestiae reiciendis quia deleniti aut maxime.

Labore consequuntur sint quo laudantium optio esse. Rerum quo et explicabo. Voluptatibus deleniti repellendus tempore ipsam. Pariatur eum rerum enim neque illo.

Ipsum in excepturi nemo beatae cumque. Vel beatae aut quisquam. Optio veritatis neque vero sunt accusantium animi. Voluptate delectus ea debitis aspernatur commodi sapiente itaque iusto. Atque iusto sunt consequatur quidem quo optio. Debitis vel molestiae quam quod.

Please don't make me talk to you like an asshole...

Career Advancement Opportunities

June 2026 Hedge Fund

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

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

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 (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”