Multi-Strat HF or MMPE/UMMPE that do off cycle internships?

I'm looking for off-cycle full-time internship opportunities in the US and Europe next year. Does anyone know of multi-stat hedge funds or solid MMPE/credit shops that will hire off-cycle interns for 4-8 months? 

11 Comments
 

Based on the most helpful WSO content, there are indeed firms that offer off-cycle internships. It's definitely worth it to try to get in touch with people at the MM / UMM / MF shops. While the specific firms aren't mentioned in the threads, the general consensus is that reaching out and networking can open up these opportunities.

As for the location, while the threads specifically mention the United States (both Northeast and Midwest), it's not uncommon for these opportunities to be available in other locations as well, including Europe.

Remember, the key is to be proactive and reach out to the firms you're interested in. Good luck!

Sources: Off Cycle PE Internships, US Fall Off-Cycle Internships?, I'm interested in on cycle, should I reach out to HHs?

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

I mean I have a list of 4-5 firms that fit the criteria with an open app so I'm sure it exists. Wondering if people have any additional input/firms that I don't have listed already.

Bruh
 

MMPM:

Unless you have a strong family connection or your dad is an Arab sheik, what you're looking for does not exist.


Not even a MD dad can help with this?!

 

Beatae veritatis fuga et eius eos recusandae. Saepe officiis adipisci iusto vel vitae eligendi voluptas. Nulla aut nihil ipsam praesentium ut accusantium neque. Molestiae hic accusamus ipsum est. Maxime quasi excepturi exercitationem veniam magnam.

Magni adipisci architecto quaerat id et et similique. Aliquam officiis hic voluptatem enim voluptate. Quod aliquid dolore cumque vel dolore et officiis et.

Career Advancement Opportunities

August 2026 Hedge Fund

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

Overall Employee Satisfaction

August 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

August 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

August 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • 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 (233) $178
  • 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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
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
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
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...”