HF Returns

When HFs report returns do they base it on the amount of assets invested or total committed capital? For example, Baupost beats the market and they like to hold a lot of cash. Does Baupost report returns on the total managed capital or are the returns based on what was invested?

199 WSO Academy Hedge Fund Session Reviews: 4.77/5

Class of '29 Sep 2026 Cohort

5.00/5

Hedge Fund LinkedIn Review

“My meeting with Kevin Lee was super helpful and went well beyond what I originally expected. We met to discuss my LinkedIn profile, but the conversation also covered the hedge fund space and how I’m thinking about my career as a whole. I really appreciated being able to talk about both how I present myself professionally and the broader direction I want to take. As someone interested in hedge funds but also exploring other paths in finance, it was helpful to have a conversation that connected my profile to my actual interests and goals. Kevin gave me a lot to think about, and I left feeling clearer about my next steps. Overall, I really appreciated his time and willingness to go beyond the original purpose of our meeting.”

Class of '26 Sep 2026 Cohort

4.56/5

Hedge Fund Mock Interview

“He was very responsive and prepared for the meeting. He actually read the JD, resume, and looked up linkedin which sometimes other mentors doesn't actually go over those to prepare things beforehand. I appreciate his direct comments I think it saved time and actually helped me to know exactly where to improve. I also appreciated him admitting if he doesn't know about specific HF strategy. Only thing I'd suggest for him is probably sending actionable key takeaways after the meeting because other mentors did and that was very helpful. ”

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Authored by: Certified Private Equity Professional - ManagerCertified Private Equity Pro

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+20	Future of L/S	5	2d
+17	Latest blow up / wind down	25	2d
+12	Looking for Fund to Partner With - LMM Activist	3	4d
+11	James Fishback	6	4h
+10	SM L/S Compensation?	2	16h
+9	Moving from credit to equity?	3	4d
+9	MMHF Central Execution Trajectory/Advice	1	23h
+6	How to prep for credit HF?	4	20h
+3	Chefs at Pod Shops	2	2d
+1	The best cover letter for L/S	2	3d

1	redever	99.2
2	BankonBanking	99.0
3	Secyh62	99.0
4	kanon	99.0
5	GameTheory	98.9
6	dosk17	98.9
7	Betsy Massar	98.9
8	DrApeman	98.9
9	CompBanker	98.9
10	numi	98.8

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HF Returns

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