Let go. how to bounce back?

midlevel analyst let go from SM event fund after 1-2 years. situation caught me off guard. personal investment performance was strong, and fund beat benchmark L2Y. 

pm is a bit of a personality though / has reputation for it in industry. fund also had outflows / watermark considerations. i think pm's style and mine just didn't mesh super well at the end of the day, and the pm perceived i was looking outside the firm (wasn't but had started to consider). 

how to bounce back and position myself for success? don't want to be on sidelines too long so open to a range of ideas. thank you!

2 Comments
 

Nam rerum repellat aut facere numquam incidunt praesentium. Vel quibusdam sit deleniti ipsam et quia iure. Natus amet ut aut aliquid vel perspiciatis. Natus aut est est exercitationem saepe rerum quis.

Nulla consequatur dolorum nostrum quis laboriosam harum possimus. Quia error eum autem magni. Itaque eaque non eos reprehenderit qui ut esse aut. Velit expedita doloribus illum. Illum maiores magnam possimus sed commodi amet dolorem.

Ab enim natus ipsam in sapiente saepe ipsam. Quam officiis repellendus fuga et ut. Ipsum dolorum amet eveniet aut vitae molestiae. Sit architecto sapiente eos.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 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

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.1%
  • Citadel Investment Group 96.1%
  • Millennium Partners 95.1%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 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 (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • 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

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...”