How to get into the top pods
AN at an EB thinking about moving to pod. Can anyone comment on the difficulty of actually getting into a top pod. Obviously the platforms themselves are carousels and anyone has a shot. However for the actual BSD pods (tenured PM, several senior analysts running sleeves and bullpen of juniors) in these platforms how difficult is it and how do you even go for them?
Based on the most helpful WSO content, here are some insights on getting into top pods at a multi-manager hedge fund (MMHF) like BAM, Millennium, or P72:
Difficulty and Strategy:
Highly Competitive:
Experience and Skills:
Networking:
Recruitment Process:
Performance Track Record:
Cultural Fit:
Steps to Take:
Refine Your Resume:
Prepare for Interviews:
Leverage Headhunters:
Stay Informed:
By following these steps and leveraging your existing experience in IBD or PE, you can increase your chances of breaking into a top pod at a multi-manager hedge fund.
Sources: Moving from low-tier BB SA to Top-Tier FT, , Am I missing something about buyside exits?, How to go about L/S HF recruitment for a pod from 2 years in IBD as analyst?, Honest question - Would you rather MBB if you don't land at a top bank?
bump
It should be fairly easy to get a job at a pod at C/M/P72, but I will say once you go through the interview process you will realize that the pods you described are maybe 10-20% of what is offered. So it may take some time and being selective to make sure you are interviewing for the right team, also once you find the right team it is harder to land given there are lots of others looking to hop pods to a team like that
Would you say these PMs typically have preference for higher pedigree profiles? Whenever I see a top pod spin out (Woodline, Ilex, Candlesticks, Holocene) the analysts that join them either have top notch pedigree (EVR/PJT M&A/Rx/RSSG, 2+2s) or already multiple YOE at a pod.
Top PMs are probably not a monolith I’m guessing.
No what the fuck? Who cares about that? They want people that are good
Some that come from that background do care but i find most PMs for juniors are just trying to find somebody who works hard, will go to meetings and update numbers quickly that fits with their investment process and team fit. For seniors much more about your reputation, experience generating alpha, how you think about risk, etc.
Show me a top spin out with these hordes of people from PJT RSSG or EVR Rx lol. Stop drinking from the soup ladle of fucking prestige whore teenagers on this website. Those guys aren’t even close to your typical MM junior hires bro
"Fairly easy" is just not a true representation...especially Citadel
Realistically on an annual basis how many seats are open at C/M?
Feels like it’s pretty easy if you’re switched on and prepared. Had offers at 2 different pods when I graduated from my undergrad despite no FT xp.
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