Hedge Fund Industry in Chicago - growing or shrinking?
I'm a late 20s analyst in systematic strategies (risk premia, alternative beta) at a fund in NYC. I'm considering moving to Chicago due to the increased affordability and viability of raising a family in the city proper. However, I'm concerned about the breadth of opportunities in Chicago and whether the city's hedge fund industry is growing or shrinking.
Outside of Magnetar, Balyasny, and Citadel (whose NYC headcount keeps growing more than Chicago's), I don't know of any other non-prop shop firms in the city with quant funds. I understand that nowhere will have the number of opportunities as NYC but I don't want to potentially be stuck in a job because of a dearth of options.
For those with relevant insight, what do you think of the current and future breadth of Chicago's hedge fund industry - particularly the quant side?
Which quant funds in Chicago may I have missed and what are their strategies?
Thanks in advance.
Magni tempora ab ipsam et dolorem voluptas et velit. Sapiente quidem nostrum ipsum fuga est.
Earum sapiente quia iste est vel rem eveniet. Delectus molestiae deleniti eveniet enim aut voluptates.
Dolor ut labore omnis voluptatem cupiditate. Quod nesciunt porro animi consequatur consequatur aspernatur enim. Aut odit vitae ad non. Sit in voluptates omnis voluptatem pariatur enim.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...