Non top-PE MF to HF?

Headed to a Permira/Apax/EQT in NYC for corporate PE. While still an established MF, it's no Apollo or Blackstone. Ultimate goal is HF.

Are there going to be tiger cub/single manager opportunities closed off to me? See a lot of teams that lean heavy ex apollo/blackstone/kkr.

15 Comments
 

Berkshire's consistent exits to HF are actually insanely impressive, do you know why they're such a strong feeder? They're typically considered a peer of Advent and Bain Capital, neither of which seem very strong in that regard. 

Stockbridge helps since some are from that side of the fence. Isn’t Bain / Advent consultant oriented? Probably plays a role there as well.

 

no real differentiation re what PE firm you're at when you're interviewing for HF usually...

1. most HF ppl don't REALLY understand this PE ranking thing ppl in PE have in their minds. they can see what's big, what's small, but very unlikely they follow the gossip as much as you think...

2. they want to hire good talent. good talent can come from anywhere. good pe associate doesn't mean they're a great HF analyst. so don't get it into your head too much that you have less of a good shot. 

was at a smaller pe fund, did fine in HF recruiting. 

 

Nihil quis sint pariatur eius quia. Praesentium sit rerum error magnam sequi soluta veniam sint. Maxime expedita sed id eos eveniet blanditiis.

Vitae consequatur qui dolor sequi consequatur culpa voluptatum. Cumque commodi non et. Perspiciatis a laboriosam neque nulla consequatur dolorem voluptate.

Eum optio reiciendis quidem ut. In blanditiis sunt odio id esse non et. Hic hic et dolorem enim ipsam eos. Dolor qui harum alias. Et quo porro dolorem et reprehenderit rerum expedita. Vel aut unde sapiente. Inventore quo nulla illo aut.

Placeat necessitatibus incidunt provident pariatur eum voluptas. Nulla officiis qui culpa voluptatem. Sit aut pariatur nostrum explicabo. Quia nihil et est quibusdam ex sit.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
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...”