How to Approach Informational Interview at $3B AUM Alternative Manager

I am doing my UG at a semi-target. I'm too early in my UG to get into a 10 week program at a bank, so I'm trying to piece together a few different experiences at hedge funds and one bank. I was fortunate to secure an informational interview with a founder/COO-type regarding the possibility of an internship (although there's no formal program in place).

I am curious how I should approach the meeting, as obviously I cannot offer much value over the course of a summer internship. I think I am going to need to convince him to take me on, but I'm pretty clueless on how to do so. I would be willing to work in any capacity just to be around these guys for a while and see how they work.

So my question: what's the best way to approach the meeting (questions I should ask) / what sort of research should I do, as to make sure I present the sharpest version of myself?

2 Comments
 
Best Response

I just got a internship offer in a similar hedge fund, however they had an official recruiting need and based on the pay I assume they're expecting a lot from me during the 10 week program. Before you start I think the first thing you should realize is that Hedge Fund is really different from Banks. The goal of a hedge fund is to earn money for its investors so people in hedge funds work on investments rather than deals.

As for the interview, despite all the behavioral interview cliches, the first thing you want to do is to understand their strategy. Is this a high frequency trading shop? a long/short equity hedge fund? or a fixed income relative value firm? I've found out that they'll get a lot more interested in you if you can really tell them that you know their strategy and how your background might serve their purpose. By using this approach, I was able to land 4 interview chances out of 5~6 applications over the last 6 months. It'll be even better if you can talk more about their specific strategy. A hedge fund is usually a mysterious world to the outside so the best way to approach them is always let them know that you're already 'inside'.

 

Voluptates molestias accusamus sit et qui. Voluptas voluptatem error consequatur. Sed molestiae omnis ab et nihil est aliquam.

Sed quis perspiciatis autem commodi aut magni unde. Cupiditate dolores sequi eaque nulla. Molestias omnis vero tempore magni in. Quo in esse id expedita et dolorem. Repellendus tempora eos aut sapiente quibusdam earum.

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