Hi,
I come from a top tier (GS/MS/JPM) IBD /industry coverage background and just started seriously considering HF (vs. PE).
Interviewing soon for a L/S Equities position and a basic question I would expect to get that is "Why L/S Equities specifically vs. Distressed or Activism etc." Any suggestions on how to think about that?
Thanks,
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Because Distressed doesn't exist anymore unless you want to bottom feed retail and energy. Most of them are doing weird CLOs and equities now. And Activism is banking 2.0.
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