+31 p72 2025 experienced academy 184 4w
+8 D.E. Shaw Renewable Investments Analyst (DESRI) 13 4w
+27 Best ways to frame upside / PT for a stock 4 4w
+75 No job offer after quitting without anything lined up... should I be concerned? 22 4w
+35 How to break into Merger Arbitrage London 15 4w
0 Semis HF Analyst Question 1 1mo
0 No Openings at CDEL Citadel Chicago? 1 1mo
+6 Linonia Partnership 4 1mo
0 No Openings at CDEL Citadel Chicago? 1 1mo
+43 Dating after being nyc hf 23 1mo
+36 Is RX (aka Special Situations aka Hybrid Value aka Opportunistic Investments) Complex? 13 1mo
+24 Are Big4 MMHF grad programs still worth it? 6 1mo
+6 MMHF Exits? 1 1mo
+70 Davidson Kempner, the most secretive of large HFs? 71 1mo
0 Luxor Capital 0 1mo
+29 What are hedge funds interviews like? 28 1mo
0 stage fright during interviews? 3 1mo
+145 This job rocks 40 1mo
+10 Point72 Model Test 14 1mo
+16 If you know HF is your end goal, is IB + PE actually worth it? 8 1mo
+6 Albar capital? 0 1mo
+3 Lone Pine Co-CIO Leaves for Atreides 2 1mo
+20 Citadel Strategic Equity Investments (Nabeel Bhanji) 13 1mo
+3 HF Modelling Prep? 11 1mo
+16 AQR Business Development 3 1mo
+21 Tech Public Modeling 10 1mo
+14 x.com handles for publics 7 1mo
+37 Comp Negotiation - L/S Equity at a Pod 20 1mo
+11 How is deferred comp invested in hedge funds that use a pod structure? 2 1mo
+18 MF REPE -> HF? 9 1mo
+53 Evaluating SM TMT HFs 29 1mo
+6 Point 72 Referrals 3 1mo
+21 Phoenix Learning 8 1mo
+24 Breaking into Hedge Fund as Rx IB VP 8 1mo
+22 How hard is it to go from a large L/O to a Hedge Fund (Either L/O or L/S) 12 1mo
+28 Is there any issue with going straight into SSits/OpVal/DD investing as opposed to Rx IBD first? 8 1mo
+17 Thoughts on Castleknight? 15 1mo
+134 Hedge Funds still a "Tier 1" career? 83 1mo
+25 London Equity HF scene (ako, lighthouse, gladstone) 52 1mo
+12 Freshman targeting macro pods, need guidance 1 1mo
+1 Team for 2026 Citadel Intercollegiate Stock Pitch — need 1-3 teammates 7 1mo
0 Pointstate Capital 0 1mo
+7 Working in HR/Benefits 2 1mo
+10 Blackstone BXMA 4 1mo
+6 LO to HF or HF to LO - which move is easier? 1 1mo
+23 Brain fog and feeling overwhelmed in HF land 12 1mo
0 Millenium Model Test? 1 1mo
+7 MMHF case studies 8 1mo
+18 How do you get a differentiated view? 3 1mo
+11 What to expect in HF PM/Founder Interview? 4 1mo
+38 At what point is it no longer luck 26 1mo
+28 How do you figure out which equity investing style fits you best? 9 1mo
+17 Stock Pitch ---> Modelling for a HF Interview? 8 1mo
0 MMHF Undergrad Return Offer Rates? 3 1mo
+1 Farallon capital 2 1mo
+29 Reaching out to Previous Analysts 8 1mo
0 Fundamental Edge Worth It for PE Asso Looking to Move to SM HF? 4 1mo
0 Updates on SurgoCap? 1 1mo
+21 How hard to raise Fund of Funds? 12 1mo
+47 Where do you live in NY and what do you pay in rent as a Jr. / Sr. HF Analyst? 66 1mo
+22 Anyone ever submit fraud shorts to SEC whistleblower program? 24 1mo
+9 Taula Capital (for junior role) 2 1mo
+29 What does Blackstone BXMA (BAAM) actually do now? 5 1mo
+9 Millennium Equities Analyst Program, New York 2027 25 1mo
+21 EB IB vs MM HF 6 1mo
+90 How much of success in this career is just luck 21 2mo
+19 Network via BBG Chat? 14 2mo
+14 Birch Grove / Third Point 3 2mo
0 What do you make of Ray Dalio partying in Ibiza? 4 2mo
+10 Can someone help me understand comp progression at SM HF? 7 2mo
+52 Joining 1bn+ startup L/S funds? 38 2mo
+6 Liquid Credit at LO vs. Multi-Strat HF 2 2mo
0 Data costs at platforms 1 2mo
+28 Undergrad Hedge Fund Programs 25 2mo
+21 Best Research Platform? 24 2mo
+16 Merger Arb Funds - How to Recruit? 10 2mo
+33 Balyasny Catalyst 32 2mo
+40 Best Biotech PMs? 76 2mo
+4 Farallon Stock Pitch Competition 4 2mo
+19 PhD student with questions regarding long term HF planning 5 2mo
+7 Long Path Partners 7 2mo
+21 Pitching a short when they're long? 43 2mo
+10 Feedback on Vic pitch 6 2mo
+62 15+ Rounds of interviews, including several final rounds. Advice on how to stay healthy, motivated and positive in HF recruiting? 24 2mo
+11 HF reached out shortly after I started at large LO 5 2mo
+3 Thoughts on a few HF 5 2mo
+10 London industrials IB to HF - how to prepare 3 2mo
+35 No transparency to book and P&L - is this normal? 17 2mo
+9 Typical Pod Shop Interview? 8 2mo
+18 Best Way to Prepare for a Fundamental L/S Internship? 8 2mo
0 Term Time HF 3 2mo
0 Does Point72 Still Do the Winternship 1 2mo
+28 HF to IB 19 2mo
+13 Amount of time to invest in pitch for recruiting / networking 6 2mo
+12 L/S Equity Associate Interviews 4 2mo
0 Share HF recruiting resources 2 2mo
0 Prep for MMHF 2 2mo
+143 HF 2025 Bonus Thread 166 2mo
0 Quant Macro to Commods (power/Oil) 1 2mo
+3 PM role at a centralized platform vs a pod shop 2 2mo

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
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...”

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From 10 rejections to 1 dream investment banking internship

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