Is Networking Important At Large MM?
Hi everyone,
I am a sophomore at a public target and want to work at a L/S fund out of graduation.
As applications are starting to open for summer ‘24, I was wondering how important is networking at large multi managers like Point72? I know networking can be helpful for small single managers, however I also know that hedge funds are much more focused on recruiting people based on skill compared with IB.
The trade off is that I could instead use that time to improve my investing skills and research pitch ideas. I know it’s not binary, however getting an idea of how important it is will help me allocate my time most effectively.
Thanks in advance to everyone who responds.
It's as important as everywhere else. Know a few people who got looks or offers by relentlessly networking despite not being shining stars in terms of skillset.
Didn't do any and got an offer. Very meritocratic process and most people I know got interviews anyway. No harm in doing so though.
Much less important than at SMs. Bunch of friends got in through job postings
Rem qui omnis aut suscipit nobis. Incidunt ab qui optio similique. Qui expedita quia nam.
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