Any info on these funds? Have received inbounds and not much info out there especially on gladstone? Any info on performance, comp, culture?
| +39 | How much modeling do experienced HF analysts/PMs actually do? | 16 | 4h |
| +22 | Buy Side Credit - Seats / Guide | 8 | 1d |
| +18 | London buy side | 3 | 14h |
| +18 | Hedge Fund Pivot | 7 | 6h |
| +11 | Mid-career shift to buy side with niche background | 3 | 4d |
| +10 | Wfh / work remotely at MMs or SMs? | 6 | 4h |
| +4 | Atlantic Wolf Capital Closing? | 6 | 4h |
| +3 | How old is too old? | 3 | 2d |
| 0 | Walleye Capital | 1 | 2d |
| 0 | Hedge funds | 1 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Following
Are you asking about Gladstone or all 3? Gladstone seems to always be hiring
All three are hiring atm but most interested in gladstone
What's the process for these like?
Following
Have heard pretty miserable things about Gladstone
What have you heard?
sadstone
AKO analyst seat is ok, no Bloomberg until you prove yourself over the years.
Heard AKO had a horrible year last year. You have any idea what comp is like there? Hypothetically they should be SM style and lean but European based players tend to just pay like shit
No analyst in AKO gets Bloomberg. Performance last year was poor so will be below HWM. Pay massively below market and will try sell it as a ‘training’. Very poor culture.
Ok but fuck Bloomberg right? You can ask your boss to come up with data if you need.
LOL.
Based on your comment, the inference to be made is that you are either not in the industry, at AKO, or at a MM. If you know, you know which part gave it away…
could you provide some colour in terms of comp?
If you care that much about short/mid-term comp in a top SM... it's not for you.
Have heard awful things about AKO
Hey, would you mind sharing? Thanks
hey- what sort of things have you heard about AKO? Any idea on comp at the junior analyst level?
✔️
🍸
Following.
What tier firms are these guys? I am in Australian HF and keen on jumping ship.
Also a q, are firms not required to post performances anyway by law? This seems to be the case in US/Aus.
Firms are definitely not required to post performance by law in the US. They have to post long positions quarterly in a 13F but that doesn't tell you shit.
Australia has HFs? Can you name a few so I can look them up.
Yes we do. Obviously the scale is neglibable v UK/US peers.
Here is a list of most MM HF's
PM Capital
Quest Asset Management
Auscap
APSEC Funds Management
Paradice
Totus
There's quite a few more - I can screenshot my list and DM if needed.
.
What bad things have people been hearing about AKO?
.
AKO not that well known in the US, do they have an office outside Europe? Bad culture/comp or what’s the challenge?
Guy who founded it rode the ‘quality’ wave and runs the Norway sovereign fund now. Heard culture is ok and not bad. No real insight to comp but doesn’t sound that great. The people they hire seem to come from all random backgrounds instead of classic IB.
What’s comp on PM and analyst level?
Avoid Gladstone at all costs - PM has very bad reputation. Burns through analysts.
Re AKO - what sort of comp are they paying for analysts? What is poor about their culture?
Would you work at Gladstone or a T2 pod?
Also, what kind of money an analyst with 2 YoE can expect at Gladstone?
Do you know how much do they pay junior analyst(2YoE) ? Like 120+120 ? I know it’s very variable but just to get an idea versus pod package.
These guys pay less than an IB associate job out of 2 years banking, so no, not even close
Bump -- any insight on Gladstone in London, UK? Comp/culture?
Haven't worked there but have friends who have. Terrible rep seems to be the consistent theme year-in/year-out. High churn of analysts in each vintage due to not getting paid and culture. Have a browse on LinkedIn and check yourself.
This means they're essentially always recruiting. Been getting calls from a dozen headhunters for analyst roles at Gladstone for as long as I can remember. Someone called it "the pinpoint partners of hedge funds, you just don't take their calls anymore" 😂
That said, one of the the few scaled l/s SMs on this side of the pond + done well on shorts.
Last I heard they seem to be searching high and low in the US for 2+2's to support sleeve analysts. Unsurprisingly struggling to get people in the door in London as they've been recycling the same story for years... "we're aware of rep, things are changing now tho we promise"
AKO ran a process to hire analyst (~5 years exp) last year, base GBP 80k, don't know about bonus or other incentives. Curious what's the longer-term comp because they do promote people to partner after a few years - are those just partner title or actually sharing economics?
Gladstone total comp GBP 300-500k (when all stars aligned), hours very long, culture bad but heard they're trying to change / improve recently
Quia fugiat eos nesciunt sed fugit sed non. Neque nesciunt ipsum qui dolore eaque earum. Ea incidunt exercitationem nihil similique. Rerum laborum beatae in sequi non. Autem pariatur rerum distinctio sed accusantium est cum. Aliquam et corrupti odio et.
Vero qui iusto qui maxime odio. Adipisci molestiae saepe libero libero atque culpa et. Ut quidem hic ratione nihil cupiditate. Id necessitatibus debitis repellat atque beatae suscipit et.
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...
Qui occaecati non quos non qui non et. Aut quibusdam beatae consequatur et nulla. Rem rerum vel perspiciatis incidunt et neque quas. Rerum et aliquam itaque nulla non quia sint.
Id quas dolorem quia magni. Rerum qui eligendi odit consequatur reprehenderit saepe.
Incidunt porro a et debitis. Asperiores recusandae eveniet dolorum molestiae ipsa blanditiis. Enim fugit enim rem illum facere et. Quae deleniti neque doloribus odio laboriosam. Odit eos dolore in aut iste.
Dolorem vero dolorum autem nihil. Consequuntur itaque mollitia eligendi ipsa quam in. Ad possimus delectus ut consequatur consequuntur vel. Nemo nihil ipsam tempora nam necessitatibus. Eos aperiam cumque sed qui impedit occaecati quisquam. Itaque aspernatur dolor consequatur sit sed. Mollitia dolore error animi et ea tempore dolor numquam.
Repellendus atque quasi esse unde aut ipsam aut. Quae recusandae deserunt minima quasi nostrum labore.
Incidunt ab distinctio consectetur doloribus explicabo vitae. Inventore illo ut tempora non et. Aliquam officia nisi est numquam debitis maiores. Architecto doloribus quis nemo omnis. Sequi alias est eos id et aut.
Ullam magnam dolorum ut ipsum tempora. Corrupti illo voluptate saepe et pariatur. Temporibus ut facilis sint.
Molestiae sint molestiae unde quos rem atque. Eveniet dolorem est assumenda voluptas sequi reiciendis perspiciatis temporibus. Incidunt mollitia et error reiciendis numquam ad. Atque cupiditate exercitationem reprehenderit quasi aliquid.