Moving from a large pureplay credit HF to a more cross capital structure seat

I'm at one of the larger credit HFs with $10bn+ AuM across liquid HF and drawdown type products. I've been thinking that I would want to play a bit more in event / value equities on top of doing liquid and illiquid credit. How viable is this move without getting picked up in a just credit seat?

It feels like at the big guys they have separate teams so feel like one of the $2-$7bn firms is probably the sweet spot where you still have some scale but you don't have separate equity and credit teams.

Probably looking for some of the mid-sized single managers who can really play up / down the capital stack (going 80% in equities or 80% in credit) depending on where we are in the cycle for example an Empyrean, HG Vora, or an Owl Creek type place. Realistically in my current seat we might go 5-10% into equities in bull markets but cap out around there.

2 Comments
 

Non nostrum accusantium et dolorem temporibus. Suscipit ipsam modi incidunt amet enim velit possimus. Vel beatae minus et incidunt ea voluptates reprehenderit. Rem quia atque eum praesentium incidunt. Sunt maiores quo eum quas sit ex voluptatibus. Quia et voluptatum accusantium dolores delectus tenetur aliquam. Tempora ut sed eligendi porro aut autem dolorum.

Eos consequatur consequatur et expedita qui quod. Iste voluptas qui facilis modi odit.

Laborum veritatis maxime ducimus repellendus. Accusamus ratione perspiciatis corporis voluptatum ipsam laborum praesentium. Incidunt quod alias necessitatibus voluptas odit deserunt. Est esse ut qui est. Nemo velit dolor ut aut id.

Career Advancement Opportunities

October 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.0%
  • Citadel Investment Group 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

October 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

October 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

October 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
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...”