Hours in the Office at Greenwich Hedge Funds (ex. Silver Point)
For Greenwich hedge funds (ex. Silver Point), how long are investment professionals expected to stay in the office if they are reverse commuting from nyc to Greenwich? Is the expectation you can leave at a reasonable time (ex. 6:30-7 PM) and keep working from home if needed?
I did it for 1.5 years - you can leave but it naturally drags if you're working on something big or your PM/manager stays late. If you're hoping to grab him/her before EOD for some risk and they don't free up until 6:30, or something pops-up post close, you end up staying longer because there is risk on the table.
The mornings also aren't fun - even though you're sitting in a comped car it gets old very fast. I don't recommend it for anyone young unless you get a large step-up in firm quality or are already settled with a partner.
This is helpful, essentially sounds like there is flexibility but obviously dependent on PM and deal-related timelines, etc. Makes sense on why it’s not optimal to be reverse commuting
Honestly pretty sick Greenwich funds would have comped cars. Thought they would be frugal and brutal tbh.
Don’t do it unless you can get a crash pad in Greenwich. It is not worth it, I don’t care what firm it is. There are too many good seats in NYC to be living this reverse commute life. You will burn out or grow resentful unless you’re in stage of life where you’d be willing to move to CT or Westchester county in the foreseeable future. Your PM/seniors won’t care because they can drive 10 mins to work. Don’t fall for it.
Helpful, yeah it makes sense for the PM or MD that is commuting from another CT town or that is living in Greenwich but doesn’t necessarily make sense to do reverse commute there and back as a junior if trying to optimize your time
I did ~1.5hr door/door reverse commute into Westchester for about 4 years via train. I grew accustomed to it - was able to go through morning news flow and also take calls in the AM/PM on the train. Really, really sucked to miss a train but I generally found it more enjoyable than driving on the occasions I did. Several others at the firm did the same commute so no one cared I left by 5:30. Could always continue working from home. That said, I think this was an outlier in terms of WLB as the team cared about the commute everyone had to do.
Most of the NYC crowd in my Greenwich office come in at 815 and leave between 3:30-4:30
Not apples to apples but at a LO in Greenwich and I'm in at 7:30ish and usually take the 5:30 train back. Waking up at 5:15 sucks but i'm not in the office everyday so it balances out...
I respect how early you get up man
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