Path to HFs
Would you choose IB or PE for an analyst role before trying to make it to HFs and why? What attracted you to HFs over PE in the long term?
Trending Content - Hedge Fund Forum
| +28 | James Fishback | 10 | 6h |
| +21 | Future of L/S | 5 | 3d |
| +12 | Looking for Fund to Partner With - LMM Activist | 4 | 1d |
| +10 | SM L/S Compensation? | 3 | 1d |
| +9 | Moving from credit to equity? | 3 | 5d |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 2d |
| +9 | How to prep for credit HF? | 4 | 1d |
| +4 | Jensen Huang | 1 | 18h |
| +3 | Chefs at Pod Shops | 2 | 3d |
| +1 | The best cover letter for L/S | 2 | 4d |
Career Resources
This has been answered a lot before. Is there a more specific question you have regarding HFs?
My apologizes, the search function wasn’t working well.
My main question is if you’d like to end up at a hedge fund prepared for success, would you choose to recruit for IB or PE for junior summer? I’m debating between the skill sets learned from each SA role.
Unless you are diversity, I would probably focus on IB SAs with the hope of converting that into an FT offer.
PE SAs at reputable firms are incredibly rare and without connections or diversity and FT offers outside of real estate arms are effectively unheard of.
The most common pathway to Hfs discussed on this forum is IB m&a/rx -> PE -> mostly distressed or similar Hfs. This is common but on LinkedIn I also see ER/IB/S&T-->Hfs but this is very much down to candidate specifics and network.
The issue is I am diversity and have networked at Carlyle/BX/KKR. I’m debating how to time my recruiting since PE has opened earlier than most IB.
How would this change your opinion?
HFs invest money. If you want to do that, probably better to go to a place that actually invests money rather than a place that just advises or helps the people who do. Just paraphrasing a thought I heard from a principal/partner at Third Point
Non et labore ab voluptates tempora. Et necessitatibus voluptatem sit est voluptatem sequi voluptas. Consectetur quae ipsam nobis quis aut.
Voluptatem cum sapiente in vero. Illum eos asperiores blanditiis est reprehenderit labore. Possimus qui blanditiis dolorem ipsa nam non. Voluptatem ab eum consequatur. Eveniet ipsa nesciunt veniam cum accusamus dolores praesentium temporibus. Autem et blanditiis at fuga est.
Repellendus ipsam similique quo placeat. Aperiam ad cupiditate facere voluptatum. Ullam magnam accusantium delectus a eligendi nam. Repudiandae rerum consequatur debitis tempore impedit placeat optio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...