Mergers & Inquisitions for HF

Random question, please bear with me.

I've lurked this site for almost a year, joined and started reading every thread as far back as I could go, posted a lot, learned a ton and did well in SA recruiting. Thanks, I appreciate that a lot. I've also read every article on M&I, and I love that site to death. One thing I can't find for the life of me is any site with as in-depth discussion or coverage of hedge funds as these two sites do for IBD and PE. I have BB SA offers and I know what I'd like to do for the short-term. I'd like to learn more about HF though, and I've read as much as I can find so far. Anyone have pointers for sites like WSO or M&I that cover hedge?

Thanks.

 
Best Response

hey man - would love to get our FAQ section on hedge funds a bit more flushed out.

I know there are definitely some solid HF professionals on here....I think what makes it harder with HFs is that there are so many different types and strategies. To get a good primer, I would recommend our Hedge Fund Career Guide.

If you don't want to spend the $, you could always asked specific questions about what types of HFs interest you most.

Either way, good luck, Patrick

 

This one's great...or at least a good place to start prepping for HF interviews.

Also, if you haven't already read it, this is the best HF thread on WSO.It's a bit dated, but kicks ass, nonetheless.

Otherwise, I'd suggest trying to reach out to people offline. Same networking principles as anything else. HF guys are more likely to open up over a brew, then over a hard line. Since the industry is so diverse, I think you'd get much more benefit talking to someone in the trenches than from a guide which can't possibly cover all the bases.

 

Is there anywhere where I can find a list of hedge funds in europe, UK and continental? I just looked on the site that Midas posted, but you have to subscribe to get access to the database. Does anyone where I can find a database/lists without subscribing?

 

That's true, I recognize that. I've read each of the large threads in this forum about it and all that's been incredibly insightful, just as the MM vs. MF discussion about PE was as well.

At this point it's not so much about life-planning along THE TRACK, I'm just not that sort of person. It's just a genuine interest. PE, from everything I've read and heard so far, doesn't appeal to me that much. It seems like banking 2.0, and while I'm happy to have the opportunity to get the transferable skill-set an analyst stint in banking provides, I don't know that I'm all that eager to throw myself into hours of due diligence, site visits, and more modeling. I'd rather be a bit closer to the markets, as cliche as that sounds.

I don't know that I have specific questions. I've begun to understand more as I've read more, especially here, but I guess I'm wondering a few things: - what is recruiting like - apart from networking (clearly), does pedigree matter as much as it seems to in PE? - do most people break in pre-MBA or post-MBA? - do people move from PE to HF? Is IBD > PE > MBA > HF common at all? I was speaking with several friends at Wharton comparing SA offers who showed me some placement reports from the grad level talking about MBAs leaving for hedge ... is that common? 2 years in banking, 2 in PE, b-school, and then opting for hedge after instead of returning to PE?

Thanks in advance.

I am permanently behind on PMs, it's not personal.
 

Aut nihil voluptatem excepturi aut. Non culpa ut et. Quidem in et voluptas consequuntur suscipit debitis.

Career Advancement Opportunities

June 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

June 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

June 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

June 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (25) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (228) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (253) $90
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...”