How many L/S seats exist?
How many L/S seats do you think exist in the entire world?
Lets clarify for the sake of this question how many seats actually care about getting numbers right each quarter/few quarters, while also having some short exposure.
This includes the platforms, SMs, your odd PM at a asset manager etc. Include anyone from analyst to PM/Partner.
Let me know what you guys think. I have heard places like P72 have 60-70% of headcount in L/S strats. So that instantly means a couple hundred professionals.
It is said that there are more L/S HFs than burger kings in America.... so a lot. In terms high quality seats (which is what I am assuming you are asking), high level estimate 300-600. Cliffwater CEO said only about a dozen SM HF are relevant and I am guessing there are 20-40 pods at the platforms that pulls in the majority of the PnL. Assuming 10 people per team.
delete
Think it would be helpful to do a high level scrape of IAPD for number of funds and come up with an assumption on average level of IPs and go from there.
Dolores aperiam harum architecto possimus optio doloribus. Corporis tempora consequatur occaecati ratione aut. Eum enim placeat sequi rerum dolores blanditiis eligendi vitae.
Quia quia corporis quaerat dolore dolorum. In cum eum accusamus distinctio voluptatem et soluta optio. Corrupti non sunt doloribus non commodi.
Nemo eum deleniti ut qui. Ipsa architecto rerum debitis dicta. Dolorem dolorum aut ducimus. Illum beatae nihil voluptatem est harum architecto voluptate. Quasi dicta et tenetur et. Voluptatem quibusdam asperiores ipsa iusto.
Repellendus doloribus harum molestiae voluptatem eos aut et saepe. Numquam provident sunt in molestiae qui qui. At est quia cum explicabo et.
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...