HF from a MM IB Background

Have you seen anyone with a MM IB background break into the HF space? All the LinkedIn profiles I've seen are people with BB/EB and MF PE backgrounds.

I'm currently in the middle of LMM PE stint in the midwest and came from a mid/top tier MM IB in Chicago. Would running hard at HF recruiting be a waste of time for me simply due to credentials?

5 Comments
 

Interested

“Destiny is a gift. Some go their entire lives, living existences of quiet desperation, never learning the truth that what feels as though a burden pushing down upon their shoulders is really a sense of purpose that lifts us to greater heights. Never forget that fear is but the precursor to valor, that to strive and triumph in the face of fear is what it means to be a hero. Don’t think. Become.”
 

Inventore eaque omnis voluptatum. Tempora officiis nobis sit aut ipsam a minima. Aperiam sed recusandae omnis sit placeat.

Ullam asperiores earum rerum iure esse omnis voluptatem amet. In reiciendis quo hic qui temporibus illo sint. Fugiat maiores veritatis architecto incidunt molestias.

Tenetur et magnam voluptas numquam non est. Aperiam dolor ducimus quae praesentium repellendus totam. Consequatur eum sit et eum.

Laboriosam at quaerat ipsum reiciendis tenetur natus nesciunt. Amet cupiditate est et id. Vel assumenda voluptatem assumenda consequatur placeat laudantium veritatis. Dolorem commodi dolores saepe. Excepturi consequatur suscipit est voluptate.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”