Quickest Way From Mid RX Shop to Appaloosa/Elliott/Knighthead

I'm currently working at credit shop this summer and realized that this is probably a nightmare exit for me. Drop some names, timelines (like when does FT recruiting for these places happen), and tell me the strat to get to Appaloosa/Elliott/Knighthead as quick as possible. Appreciate it. 

11 Comments
 

whoa there. never said i wasn't gonna grind and sweat for this. just tryna figure out the lay of the land.

 
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Ignoring for a moment how arrogant you sound and how little thought has been put into this question


If you reverse the thinking and just take a look at the people who are working at these shops, you should be able to yourself find an “optimised” path. Frankly, I don’t even believe there is an optimised path as a lot of the funds like the ones you’ve listed will give people a look if they have a sensible profile, it’s then down to your own ability whether you convert the opportunity. You should be optimising for your own learning and development, which then tends to self select for these places, not for some vain pursuit of  a few funds.


 

Oh and btw, getting to these places doesn’t automatically mean you will suddenly get outsized compensation. These seats are brutal, the competition is intense, and upward progression / longevity isn’t guaranteed. If you think getting into these seats immediately entitles you to clipping a few bucks a year, boy are you in for a surprise 

 

Even if this guy does get an interview at these funds, I think the arrogance that'll come across from him will be enough to go straight into the rejection pile after the first conversation... also OP if you do hate working at a credit fund this summer how are you going to enjoy working in RX and then at credit leaning HFs? 

And if you do want to maximise the probability of the right tail outcome as quick as possible, you need to aim for MMHFs and pray you get lucky working for a great PM running a big book, not one of these shops where you will also face internal politics as a headwind to upward mobility where you earn the big bucks (as someone who has recruiting for these seats and knows some senior guys at similar funds). 

Typical braindead hardo trying to get rich quick... you guys need to stop and listen to this comment on following a path of optimal learning and growth.

 

wait trust I’m not arrogant irl just had to rage bait to get some useful advice which backfired (oopsies 🥺)it’s not even that im tryna bag prestige and hella money off the bat but with the uncertainty of on cycle recruiting I fear getting stuck in IB with no taste of what I truly like learning about which is investing 

 

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