I understand Citadel currently has three fundamental equity long/short investing units: Surveyor, Ashler and Global Equities. What are the differences?
Historically, I think Citadel previously operated as Aptigone, Ravelin, Pioneer Path and maybe additional names too. P72 has Everpoint, Launchpoint and Valist. Why are these well known MM firms continuing to spawn new brand names?
| +26 | Comp Negotiation - L/S Equity at a Pod | 5 | 21h |
| +23 | Breaking into Hedge Fund as Rx IB VP | 6 | 18h |
| +21 | Credit HFs - Long/Short Credit vs. Loan to Own | 4 | 3d |
| +20 | Q&A: US Power Trader (Prop/HF) | 10 | 49m |
| +20 | Am I crazy | 9 | 1d |
| +17 | Tech Public Modeling | 8 | 4d |
| +12 | Freshman targeting macro pods, need guidance | 1 | 1d |
| +6 | LO to HF or HF to LO - which move is easier? | 1 | 3d |
| +6 | Working in HR/Benefits | 2 | 2d |
| +3 | Credit pods | 1 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Corporate access
No, any competent IR team knows they are the same firm wearing different hats.
It's really to motivate different business unit heads and reduce correlation. Think about having one person oversee 60 PMs versus having three individuals overseeing 20 PMs each.
It's both. But yeah having one single person managing 100 PMs at Citadel would be tough.
Following
They’ll dress it up and make it sound more sophisticated, but it’s for corporate access.
Even though sell-side brokers and IR teams know it’s the same firm at the end of the day, they still effectively treat each unit as a different firm in terms of allocated mgmt. exposure.
Eius omnis odit voluptatum et est. Dolores sunt sed voluptatem ut reprehenderit cumque. Maxime omnis atque nesciunt rem eligendi amet. Culpa sit exercitationem adipisci tempore autem vel. Deleniti eum ut voluptas neque eaque quaerat.
Qui vel ea est ea pariatur aut. Nemo minus est est et voluptatibus in dolorem. Aut quam soluta sed facere aperiam explicabo. Doloribus hic architecto iste.
Dolor quas corrupti vero aut voluptatem dolor iste. Rerum enim qui repudiandae exercitationem ducimus incidunt et. Pariatur in pariatur aut natus error eum laboriosam. Sit quisquam officia repellat earum. Minus iusto in distinctio porro sapiente placeat. Quam nam similique magnam aut facilis aut. Unde sequi laudantium laboriosam porro qui et fuga.
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...