Meritage Group - Any Info?
Not a lot of info on these guys online, for a relatively large fund ($10B+). Any info would be appreciated.
Not a lot of info on these guys online, for a relatively large fund ($10B+). Any info would be appreciated.
Career Resources
Family office of Jim Simmons and his son. Very well regarded my fund always consider them as a t1 non sponsor buyer along with the Temasek and ADIAs of the world. Our bankers tend to agree as well
Bump
Only know the public L/S side. They're focused on large caps with long holding periods and very little portfolio turnover, maybe 3-4 positions a year. One PM and a few sub PMs but analysts are responsible for covering a sector and are typically trying to get a short (6-9 months) and long (12-18 months) in the book that legs up to $100M's in position size.
Interview process is basically -- Pitch us this stock, you have a month to do super deep diligence and show us what you come up with. It's more of a personality fit than anything else. Generally looking for people that want to go deep, have a very specific investment philosophy, and are optimizing for stability across all aspects of their life. By the end of their tenure my friend was working 30hrs a week (non-earnings) but had pretty much capped out in comp and seemed a bit bored. They got the chance to cover a different sector when opportunities in their current one were scarce, which was cool to hear.
Since there's virtually no employee turnover, getting a gig there is pretty great but you're also not going to get much upside in comp since there's no PM path and PnL contribution is so concentrated on a few of the winners.
also curious
Anyone know who recruiter is?
Also interested
Omnis ab exercitationem est quis omnis. Aliquid animi ducimus ad nisi nobis eveniet et. Qui quod inventore quidem sint.
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