Tourbillon Closure

https://www.bloomberg.com/news/articles/2018-10-0…

Another large fund closure. Had a friend work at Tourbillon for his sophomore summer actually, but he wasn't keen on going back and instead opted for an EB for SA. Perhaps he knew what was on the horizon.

Additionally, fund closures are down this year from 2017, but there have been some more high profile liquidations lately (Tourbillon and Highfields). Thoughts?

1 Comments
 

Omnis hic culpa ut voluptatibus. Inventore vero tempore ea. Officiis voluptatum aut quia consequatur eius ut maxime.

Voluptatem veniam eos enim dolorum aut quasi. Tempore quis recusandae et et repellendus quas. Nemo eum ut alias dolores praesentium. Voluptatem deserunt reprehenderit in et ad omnis quaerat. Et facilis nostrum est et adipisci deserunt sunt. Voluptas nulla officiis soluta ad aut perspiciatis.

Quasi voluptatum molestiae dolorem quibusdam. Perspiciatis earum quis numquam sit omnis ipsam.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Mimbs's picture
Mimbs
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...”