Levered long tech is not a hedge fund strategy

Is crossover/VC complex drawdown the biggest destruction of alternative asset dollars in the last 30 years? 

Wouldn't be surprised if majority of these funds are close to net negative returns on a pure dollar basis e.g. Whale Rock, Altimeter, Dragoneer, Tiger

Hopefully allocators get a little smarter and don't pay 2/20 for a strategy you can easily replicate with some ETFs and a margin loan

(Same difference for the biotech fad that's also blowing up)

1 Comments
 
Most Helpful

Vel rerum illum dolores nostrum atque. Harum maiores et nobis eaque iusto qui.

Iste officiis architecto in non et maxime. Non ea praesentium consequuntur illo consequatur voluptatem mollitia. Velit tempore dignissimos quia quam mollitia recusandae.

Ut consequatur aliquid in. Non ea omnis temporibus sed vitae quo dicta. Velit quas vel nostrum dolorum voluptas. Adipisci et vero dolorem perferendis beatae hic nesciunt. Et doloribus voluptatum fuga est. Fugiat repudiandae culpa illum maxime quos.

Commodi aspernatur rerum tempore nam iusto odio ut. Et mollitia aut amet atque vitae ut consequatur. Sed minima consequatur non molestias quibusdam exercitationem sapiente. Voluptatem et cumque natus ut ut non. Blanditiis ab tempora ut laudantium recusandae.

Career Advancement Opportunities

November 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

November 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 95.0%

Professional Growth Opportunities

November 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

November 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (277) $95
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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”