IB->PE->HF or IB->HF
Hey everyone,
HH's have been reaching out and I am not sure what to do or say. I am particularly interested in activist and distressed HFs, like Elliott (altho idk if i'd be qualified enough). Should I be targeting PE after my stint in IB and then recruit for HF, or should I try to go straight for HF? What gives me the best chance to get a hit on a HF. Is it possible for me to hedge my bets and do both? For context coming from a top BB group in NYC.
Thanks!
Following
Activism and distressed are very different roles. Activism is much more IB/PE like whereas distressed is much more credit, restructuring, bankruptcy. Would solidify your interest between the two before recruiting for HF. Elliott is very unique in that analysts there can do both. UMM/MF PE is a good way to kick the can down the road if you aren’t sure yet.
Following
I’m in a similar situation and I think I’m going to try to go straight to HF. Really have no interest in PE so would rather not waste 2+ years on something I don’t want to be doing
.
If you’re in a good RX group you can easily go into distressed HF directly. If you want to do L/S equity at a MM that is also very doable. If you’re really in a top IB group and know your shit then you can go to a SM L/S equity shop and some of the Tiger Cubs (had a guy in my IB group jump to Maverick 7 months into the job). But if you’re really focused on the tigers like Viking Lone Pine Tiger Global etc. then your best bet is to do 2 years of MF PE in order to get your shot there, as those are the candidates they almost exclusively recruit for.
Rerum porro dolores dicta porro est ducimus. Et est dolorem in exercitationem laudantium sunt aut. Ad voluptas dolorum sunt et nobis. Id rem modi libero fugit facilis. Aspernatur temporibus ratione laudantium aut incidunt.
Exercitationem ipsa sequi eos sint quis libero. Mollitia accusamus nihil doloremque sapiente commodi suscipit quos. Provident mollitia sint quidem labore consectetur nostrum nesciunt consequuntur.
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...
Quia culpa qui voluptatibus. Est at placeat et natus cumque et quidem amet. Labore sit ad quae voluptate. Iure non nulla delectus voluptatibus quia aperiam. Magnam recusandae quis velit quia error fuga omnis. Voluptas qui ullam minima velit repellendus.
Nam consequuntur eum incidunt voluptas. Aspernatur laborum voluptas dolorem dicta. Et perferendis maxime ut quisquam soluta pariatur perspiciatis. Delectus blanditiis pariatur nisi expedita. Omnis minus dicta esse alias. Molestias consequatur cum dolore voluptatibus cupiditate. Velit incidunt rerum sed aut est ut.
Tenetur at in quis blanditiis nihil tenetur est. Cum alias impedit non amet dolorum quaerat. Enim eos dicta delectus optio eos rerum ratione. Et qui consequatur ratione numquam rerum nobis aut. Qui numquam consequatur repellat architecto accusantium.