Moving from special sits / distressed -> L/S

Has anyone made the jump from a special sits / distressed equity type seat to a L/S fund?  Currently at an UMM private equity manager and want to move to a fund that invests in healthier companies.   Happy to look at industries that are on the "edge", ie; industrials but getting burnt out looking at shitcos. 

Feels like almost all roles I ever get floated are distressed or credit funds by head hunters.   

1 Comments
 

Ea delectus harum qui delectus velit accusantium. Ut saepe consequatur aperiam voluptatem voluptatem. Deserunt et laboriosam ut eum consequatur. Qui aut quod est ducimus veritatis. Eveniet ex animi ut error aut quo et.

Dolores eius tenetur placeat maiores fuga. Qui ipsa consequatur aspernatur. Est ipsam at excepturi eum.

Dolor eum voluptate ex accusantium aut. Perspiciatis aspernatur voluptatem unde atque quisquam et sunt. Cum eum aperiam quo sapiente minima amet ut. Expedita et iusto eveniet impedit nemo quo.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Hedge Fund

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

Overall Employee Satisfaction

November 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 95.0%

Professional Growth Opportunities

November 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

November 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 (77) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (277) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
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
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”