What to say if new firm asks about previous firm's positions?

I'm a relatively junior person without a non-compete moving from one cross cap/distressed fund to another distressed fund (more credit focused); what do I say if my new firm asks what my previous firm owned/owns?

2 Comments
 

Based on the most helpful WSO content, you should never disclose confidential information about your previous firm's positions. If asked, a professional and ethical response would be:

"I have no comment on my current firm's positions. However, this is what I think about this security..." and then proceed to lay out your independent thesis.

Remember, future employers will judge your professionalism based on how you handle such situations. If you share confidential information now, they might assume you'd do the same if you were to leave their firm in the future. Always maintain integrity and avoid discussing proprietary details.

Sources: Top firms for distressed investing. Solving for brand and deal experience more than ability to growth within the organization., Stock pitches for experienced hires, Was just asked to resign...what should I say on interviews?, Leaving for another fund - How to deal with current employer?, Top firms for distressed investing. Solving for brand and deal experience more than ability to growth within the organization.

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