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Here's some notes I jotted down:

  • Training in U.S., placed wherever
  • Global Macro teams
  • Have PE/ Data science and research
  • Sell-side plays a role in research process: conduct research, develop insights, generate ideas; during tenure can cover 70 diff stocks
  • A lot of dialogue with CEO’s
  • Taking research and synthesizing it into a thesis
  • Months 1-6: Fundamental research
  • Months 7-8: Rotations with portfolio management team
  • Gives 2800 hours of training in 8 months: I-Banking, Investing, Consulting, Data Science
  • 89% of pont72 grads get placed
  • 68% of PMs are homegrown
  • US L/S PM tenure is twice industry average at P72
  • First round: pre-recorded video interview
  • Second round: case assignment / interview
  • Third round: Super day
  • Programming work – data work
  • Class sizes vary – most importantly having a place to go when they grad; expectation is 100% grad rate
 

The recruiter seemed to imply that the recruitment process would be very quick. The second and third round are either a case assignment or an interview, depending on availability. 

Most of what you would really want to know (class size, typical class profile, etc.), they didn't provide clear answers. If HF recruitment doesn't work out for them, politics might.

 
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