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Based on the most helpful WSO content, hedge fund (HF) recruiting timelines are generally less structured compared to investment banking. HF firms often recruit on a need basis, and their timelines can vary significantly. For internships, especially for undergraduates, recruiting typically happens in late autumn or early winter, ahead of a start date in June.

If you're targeting a Summer 2026 internship, it's advisable to start preparing and networking now, as some firms may begin informal processes earlier. However, keep in mind that HF recruiting is not as rigid as banking, so staying proactive and flexible is key.

Sources: https://www.wallstreetoasis.com/forums/qa-hf-out-of-undergrad?customgpt=1, IB Recruitment Timeline for Juniors & Seniors who didn't land a junior-year IB internship, 2016 Summer Analyst IB Recruiting Timeline Megathread, Consulting Recruiting 2023, Navigating Recruiting at Target Schools

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Don't quote me on this but I recall hearing that this was exclusively a diversity program. That aside, they usually recruit this time around but it's been a while and things might have changed.

 

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