London/Switzerland Event-Driven HF Recruiting

Based on the most helpful WSO content, here's what you need to know about event-driven hedge fund recruiting in London and Switzerland:

1. Recruiting Process:

   • In London, most hedge funds recruit through a combination of headhunters (HHs) and personal networks. For event-driven strategies like merger arbitrage and spinoffs, headhunters often focus on market-neutral platforms or specific funds with these strategies.
   • Switzerland has a smaller hedge fund scene compared to London, so opportunities may be more limited. Networking and direct outreach could play a larger role here.

2. Headhunters:

   • London has a well-established network of Tier 1 buyside recruiters. These headhunters are key players in connecting candidates with hedge funds. Some of the top names include:
     • Blackwood Group
     • Walker Hamill
     • PER (Private Equity Recruitment)
     • Dartmouth Partners
   • For Switzerland, headhunters may not be as prominent, so leveraging your personal network and directly reaching out to funds could be more effective.

3. Cold Emailing:

   • Cold emailing can be a viable strategy, especially for smaller funds or those not actively using headhunters. When cold emailing:
     • Be concise and highlight your relevant experience (e.g., your AN1 role at an EB and interest in event-driven strategies).
     • Tailor your emails to the specific fund, showing knowledge of their strategy and recent deals.

4. Networking:

   • Personal networks are crucial, especially for moving across regions. Prime brokers, sell-side sales/research teams, and buyside contacts can be valuable connections. These individuals can vouch for your skills and help you get in front of the right people.

5. London vs. Switzerland:

   • London offers significantly more opportunities in the hedge fund space, particularly for event-driven strategies. The city is a hub for global finance, with a wide range of funds and strategies.
   • Switzerland, while offering a high quality of life, has a smaller and more niche financial market. If you have personal ties or a strong preference for Switzerland, focus on networking and targeting specific funds in Geneva or Zürich.

To maximize your chances, consider combining all these approaches: engage with headhunters, leverage your network, and use cold emailing strategically. Good luck with your move to Europe!

Sources: London Value / Deep Value Hedge Funds, Q&A: London L/S + event-driven analyst, FT recruiting timeline London, London Tier 1 Buyside Recruiters List