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WSO Hall of Fame: Hedge Fund Forum

WallStreetOasis.com

The Wall Street Oasis Hedge Fund Hall of Fame provides a comprehensive collection of some of WSO's best discussions on the hedge fund industry. Keep in mind this Hall of Fame does not include Q&A sessions by WSO veterans. To view a full list of Q&A’s & Interviews please navigate here. If ...

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0 to pseudo quant real quick - analytical skills for juniors with finance background

Hedge hog

I am a first-year analyst in a quant-ish hedging type job. I took advanced derivative classes in college so I was comfortable handling questions about hedging strategies. On the job, I realized most of these "strategies" are too complex to be evidenced in excel and had to pick up some new analytical...

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Top firms for distressed investing. Solving for brand and deal experience more than ability to growth within the organization.

Riskreturn6307

I am interested in identifying a list of the top 20-30 distressed debt / special situations groups on the street. I am industry and geography agnostic. I am solving for: (1) learning outcomes, (2) compensation (3) prestige. I am less concerned about (1) ability to grow within the organization (two y...

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diamon hill capital management

ffffml

how would exit ops be from a place like diamond hill (20b+ aum)? I'll be interning there this summer and go to college in nyc, so unfortunately won't be able to network in nyc for ib/hf. Spoke to a guy who ended up at gotham after interning here but that was a rare case I guess. If my end goal is ny...

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Exit opps for a GCB 2 equivalent

Aouterson015

About a family member, not me. They work at a Tier 2 bank, he is a Global Head of a department, the equivalent of GCB 2 at HSBC (on the higher end of the GCB 2 as well). He isn't an investment bankers though, but has worked in risk, portfolio etc. in these global positions, with his background havin...

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I work in event driven / arbitrage. Here are some career advice for you

halfstep

It’s been a while since I’ve visited WSO. Yet in my early 20s, this was the place that I would often come to for information and guidance. In the spirit of giving back, I’ll share my story and a few nuggets of wisdom that I believe may help others who are also trying to strive in their profess...

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Citadel's Surveyor Capital PM Jack Woodruff to start his own firm

Excelling

[Link](https://nypost.com/2019/01/11/ken-griffins-citadel-fund-loses-its-star-stock-picker/) It would be interesting if anyone knew a little bit more about the size of the book, type of strategy he ran (any industry preference for example), etc. inside of Citadel, but as the article says, he has be...

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Chances to work at a HF with my profile

Marshall D. Teach

Hi all My objective is to work at a HF (preferably as a trader but I am open to start at any other position in order to break into the field). Here's my profile: - Will graduate in 2020 - MSc Finance from a European target school - 2 summer internships (2017, 2019) at M&A boutiques How likely do ...

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When do you go?

Orangutndm

I am a mid-back office "analyst" at a large firm in (private area 41). I graduated very recently. I do not like my job, nor does *anyone* in my office (duh, is BO)...on the one hand, the work is banal, excruciatingly boring, and grating. On the other hand, I took a 3 hour biking expedition during "b...

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Advice on HF Recruiting

floppity

I figured that I'd give back/pay it forward in one form or another after being in the industry for a while. Frankly, the most relevant thing I could think of was advice on people searching for new opportunities. My advice is more tailored towards fundamental investing hedge fund recruiting as that's...

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How strong is PDT Partners?

bnewo

Hi all, PDT Partners is a lesser known hedge fund around here since they tend to keep a very low profile and hire in a very similar way to RenTech. Moreover, they do not manage nearly as much money when compared with some of these other big hitters. I am trying to gauge, where does their fund ran...

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Need suggestion, switching firm

boredOfWork

I am an analyst working at an small HF for 2.5 yrs, unfortunately it's not going anywhere and looks like it will soon be shut down. I was going through job postings and I came across hidden, I couldn't find any info about it but this firm is located just across the street where my current firm is. D...

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What's IntelliRage brain Booster?

sand

IntelliRage is an wonderful cerebrum boosting supplement accessible as tablets so that can be utilized in a hurry. This complement is obtainable at an inexpensive fee and conjures up your mental nicely-being typically. This complement can meet your mind with all the required dietary supplements and ...

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Hedge Fund Internship in Toronto with Low Salary

Heheda

Hi, I got an intern offer from a 2~8B AUM hedge fund in Toronto. They offer me like 5.5k CAD per month plus an unknown bonus at the end. I am wondering if it is too low and planning to argue with the HR. I am not sure if it is worth doing so as I have no bargaining power at this stage and no idea o...

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From trading market making in investment bank to HF after a MBA in St.Gallen

pennytrade2016

Hi guy, I am thinking to take a MBA in St. Gallen to switch from Investment Banking - Trading (Structured Products market making) to HF because I do not see opportunities in Trading as many investment banks are closing desks and downsizing ops. Do you think it is possible to break into HFs if I a...

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Who are the best hedge funds active in biopharma?

biobro

I was wondering which hedge funds are considered top-tier in biopharma. I know that there are quite a few crossover funds like OrbiMed, RA Capital etc that seem to be holding lots of positions in public companies, but these seem to be more PE than HF. Among HFs, I've heard of Broadfin, venBio, Per...

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URGENT: 3-month notice period in offer - deal killer?!?

research4093

Hi all - need some advice, I’ve got an offer at a very reputable HF (>$2bn), but the offer is contingent on an employment agreement that has a 90-day notice period. The firm won’t budge and is insisting it remain in the contract. Question 1: is this going to proclude me from opportunities/offe...

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What is Nulante Anti-Aging Cream ?

candaceolivar

Nulante Anti-Aging Cream are numerous methods to deal with your pores and skin. i am positive you as of now have a vast respectable regimen. You rinse day by day with a delicate face more clean. You rub your pores and skin region and shed, treating it just like the essential, fragile organ it is. Yo...

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Prows Plus – New Hair growth system! have to read facet impact

candaceolivar

Prows Plus Hair increase formulation – this could decorate strong hair lengthy and solid. Is it genuine to nation which you are tired of endeavoring various matters for your hair, to affect hair development but alas, nothing is outwardly operating? If sincerely, via then you definitely do not need...

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16 Year Old HF PM

mdgdrvco

Hello WSO, allow me to introduce myself. I am junior in high school from the PNW region, and I think the only thing in this world which I am good at right now, is finance (and fashion but let's not talk about that rn). I know a lot of annoying kids say this, and then they go on to talk about how the...

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Credit Ratings of Small-cap and Pennystock Companies

laskinsteven

Hey guys, I have an algorithm that automatically calculates the credit ratings of publicly traded companies, and covers thousands of small-cap and pennystock companies on NASDAQ and OTC. The system currently rates over 10,000 US companies with continuous quarterly updates - you can see a trend line ...

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SRI Hedge Funds

jarste5366

Does anybody know of any SRI/ESG/Impact Investing Hedge Funds in the U.S. that are looking to hire analysts or even interns? I have a pitch prepared but a very short list of funds to approach. ...

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Breaking into quant funds with a military background

iammachine

I've spent ten years as an officer in the air force, and while I've enjoyed my job I'm really looking to do something else. I've always been interested in quant funds specifically, and I do think I have a good enough understanding of math and technology to succeed working there. However, I do have a...

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Life as a CLO Analyst + Career Progression

ebit_dab

Can anyone provide some information on the "day in the life" of a High Yield CLO Analyst, particularly for a more junior investment professional (2-5 years exp). Looking to learn more about the underwriting process, detail on credit memos (i.e., how detailed they are), hours and comp. Any insights i...

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Econometric knowledge in fundamentals?

Hzkangarooo

Hi WSOers, I've heard about the trend that fundamental funds are shifting towards adding quant into their tool box. Do you guys think in the future quant skills would be needed in fundamental funds as well? I'm currently a finance undergrad planning to take econometric courses. So I guess my true q...

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What is the best way to get into an NYC hedge fund from the UK

zk15067

What do you guys think the best way to get into an NYC hedge fund? Should I try and get into investment banking in London and then get recruited for a New York role or do you think it’s better to a join a smaller hedge fund out of undergrad and then apply to New York positions ...

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AI in Fundamental L/S Equity

billy_ray_valentine

Curious what the use of AI/ML is for these types of funds. Is it most useful as a form of "research assistant", helping synthesize large amounts of data? Is it used as a more effective screener, analyzing information/trends to determine companies/industries that could be worth a look?...

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Do Hedge Funds Require a Masters Degree?

BDW

As a college freshman who is interested in investment banking and hedge funds, I am wondering if I should plan to attend grad school directly after my undergrad, after several years of working for an investment bank, or even if I should plan to go to grad school at all? I enjoy school and it seems t...

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AMA: Hedge Fund Analyst Out of Undergrad

hedge fund baby

Background: Target school, studied engineering. Summered at a multi-billion $ hedge fund doing fundamentals l/s and currently at another multi-billion $ hedge fund full-time. Willing to answer anything that does not have to do with my personal past experiences (to preserve anonymity)....

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Sequoia Heritage

Patches

Anybody heard about it? I'm having trouble finding anything. It appears to be separate from the primary fund and more of a FoF that may do some direct investing?...

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New Case Webinars in WSO Hedge Fund Prep Pack

WallStreetOasis.com

Over the last 12 months, we have made a big effort to improve our hedge fund interview prep package by bringing to you relevant webinars with interview advice and actual investment pitch walk-throughs...I think for those of you that don't watch the webinars, it would be helpful to give you a brief s...

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Best Hedge Funds in the Nordic Regions

bcrew13

Moving to the Nordic Regions and pursuing HF, looking to see if anyone knows the layout of any HF in the Nordic regions? ...

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Selling my Hedge Fund, input needed.

xWallStreet

Hi, I setup an Investment management firm March 2017. Setup a few brokerage accounts and got regulatory approvals and stuff. But later decided to not pursue with the fund. I am now looking to sell my LLC and the contact lists of investors and fund backers along with the plans for setting up the fun...

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Shotspotter

dyjokoniak

Anyone heard of this company / thoughts? Basically a tech start up which sets up listening equipment around dangerous parts of US cities then alerts police when shots are fired , then uses AI to build a map of where/when violence occurs. Has track record of increasing successful arrests of violent ...

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Tiger Grand Cub HF from a pre-MBA perspective?

ValueInvest_As

Hello Folks - wanted an opinion from you'll. I am currently working for a Long Only fund based in Asia. I have recently accepted an offer (Pre-MBA role) from a Global Long Short Hedge Fund which has a Tiger Background (Tiger Grand Cub). The AUM is slightly less than a Billion Dollar. I just wanted t...

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Can you network into a HFT firm?

John-Jacobs1

Just was curious if it would be possible to network into a place like Virtu or if it's a lost cause because you need the raw CS/stats/engineering background?...

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Dealing with PM (equities) who is trying to limit your progress

wasper710

Hi Guys, I'm currently at a L/S equity fund, not too big, but in the 50-100M USD range. The thing is, I've been at this shop for less than a year, but I've discovered that the PM is incredibly difficult to work with. In that he is a poor people manager and actually goes to great lengths to keep anal...

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Equity guys, what resources do you use for your research process?

hedgehog9

Hey guys, so I'm currently at a boutique asset manager w/ enough AUM scale that we can afford nearly all of the bells and whistles when it comes to the research process. For instance, we have SS research (including SS requests & analyst calls which cost $$$$$), databases like Mintel, expert networks...

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College major for a job at global macro fund?

hedgefundwannabe

I'm a high schooler, and I've been looking into careers. I think working at a global macro firm would be my ideal career, as I'm interested in econ, finance, international relations, etc. So my question is, what should my education career look like? Double major in econ and international relations...

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Transitioning from High-Yield/Performing Credit to Distressed HF

Spare1017

Questions for you opportunistic credit HF folks - How possible would it be for one to transition from a L/S HY ( including some stressed, CDS and LevLoans)/Performing Credit role to a distressed role? Assuming the former role is straight from undergrad, what extra steps would one need to take in ord...

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Hedge Fund at trading desk

Nijikon

Hi Wall Street Oasis, For a trader at a sell-side desk, able to take prop positions, at what point would he be considered a PM-equivalent at a hedge fund? Specifically, what are your thoughts on: 1. He can prop trade max size US$100mio, say US$2mio or 2% annual SL. So can he call himself a PM with...

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Master Finance Essay : Quantitative/Investment/Eco

FakirMarz

Hi guys, I hope you're all having a pleasant weekend. Being in the last year of my Master's degree in Finance, I have to do the famous essay that we all have to do to graduate. For lack of inspiration, I would need a little help for an 80/90 page essay topic (relatively short essay as you see) I ...

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S&T and Global Macro

htmar

Hi, I was curious about what do people in the Global Macro HF think about sell side macro desks as preparations to becoming a PM/Junior PM in a macro HF. The majority of people I know who made the jump worked at banks before 2009 where it used to be more prop. Since we don't have that anymore I was...

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How hedged are market neutral funds?

coffeebreak

So I'm wondering how much hedging do market neutral L/S funds actually do? I mean, there are some funds that claim to be market neutral but they seem to hold a basket of 10-20 longs and balance that out with some shorts (not necessarily with considerations to beta). Then there's the other extrem...

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Longevity of Hedge fund career: how long do people last in this industry?

Pizz

For someone who makes it into a Hedge fund analyst job (any strategy) either out of undergrad or from IB/PE or post-MBA, how long do people last typically in the industry? Do people have 40 year careers in this typically (become PM by the end, either at same firm or another firm)? What if you're not...

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Healthcare/biotech shops?

Rslph

I was wondering which are the top hedge funds that specialize in (or at least participate in) biotech. I know venbio and perceptive advisors are definitely among them, but who are some other reputable names in biotech? And bonus question, how do phd's with biotech background typically get into thes...

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Portfolio Construction VS Research Analyst

Ivysaur

I am currently interviewing with a Mega Hedge Fund (macro driven). I am relatively new to the industry, so I wanted the get some inputs: between the portfolio construction team (covers all asset classes) and macro research team (will be assigned to a specific group such as fixed income, equity etc....

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Summer Interns offers London: Barclays S&T vs Lazard IB. What is best for exit opps towards hedge funds?

aozyagmurlu

Hey! I have two summer offers in London. The Lazard’s odder is a mixture of M&A and restructuring (prominent distressed HF exit?) while the Barclays’ offer is two rotations in two desks. The matching process for the desks is quite mysterious, you get to express preferences and so do the desks ba...

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Do Hedge Funds like Citadel, Two Sigma, AQR etc. hire people with Mechanical Engineering degree as Quantitative Researchers?

IOnlyCleanHere

I have a Master's degree in Mechanical Engineering. I've had some courses which included probability and statistics, can code a bit with Matlab and have some experience with simulation software. Is it a cut-off criterium or Quantitative Researcher application when someone comes from a background wh...

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Applying to New Job With Less Than a Year of Experience

joshblack

Hey guys, I recently worked at a hedge fund for less than a year but left in search of a firm with a different culture (and personal reasons) and am in the process of applying to ib/fund jobs. Will listing less than 1 year of experience kill my chances of finding a job? Should I just check off "cur...

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Breaking into HF with B.S. and M.D. degrees

CodeMonkey0

Hi, this is my first time posting on this forum, I would greatly appreciate all your valuable inputs. To briefly talk you through my C.V., I was fortunate to have graduated from a top US engineering undergraduate program with Summa Cum Laude with GPA of 3.95. After I graduated, I finished MS in com...

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Mocha interview - Hedge Fund

simsone

Hi all ! i've got a competence basis interview for an hedge fund in Honk Kong. They use Mocha interview. Does anyone know how it works / differences from SHL and same sort of tests? Thanks a lot...

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Opportunistic credit HF guys - what would impress you?

lychee1989

Hi everyone: I came from a non-traditional background and would love to hear your views. After undergrad, instead of banking, I started out doing macro research/investing, then credit and equities investing. They are all at Tier 1.5 ish funds. I have the chance to speak with someone at a very go...

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Non-compete for hedgefund

nt181

So friends, Let's say I made a dumb decision and join a "(in)famous" hedge fund with 2 year non-compete written in my contract. Of course, at the time, the hiring manager told me that the length of the non-compete thing is a function of how much I know. And now 6 months later, I regret my decision....

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Non compete plus gardening leave: enforceable in UK?

CambridgeGuy1986

Hi, I am working at a Quant fund in the UK and my employment contract has a notice period of 6 months (the company has the right to put me on gardening leave for this) plus six months non compete after this. So if they can enforce this, I will have to wait one year before I can join a competitor. ...

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indus capital partners internship

ffffml

hi, does anybody know about the process at indus capital partners for an internship? I got an email about setting up a phone interview with someone in hr. Would be helpful to know any type of questions I should expect, what I should prepare for, etc. This fund focuses on asian, european and emergin...

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Dealing with the emotional ups and downs of the PM

HFDude

Any tips on dealing with this? Also, I'm having a hard time dealing with the PM forcing me to close positions that he himself does not fully understand, though these tend to be my highest conviction, best risk/reward, and so far, best money making ideas. I can feel myself building passive-aggressi...

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moving from strategy role at a large tech company to a quant strategy role at a large fund

reddevil1493

I'm in the process of getting a formal offer for a Quant Strategy role at a mega fund in New York and am currently at a large tech company in the Bay area in their Corporate Strategy team. I've worked for 3.5-4 years now since graduating in 2015. What are some things I should be wary of with regar...

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Updated thoughts on Tennenbaum Capital Partners?

rayzee

Anyone have any updated information on Tennenbaum Capital Partners? I know they recently got acquired by BlackRock.... The stuff in search is several years old so I wanted a more up to date view. ...

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Computer Science undergrad having difficulties getting quant internship- what's next?

pohjie.pj

Hi everyone! I am well aware that there is plentiful of similar posts on this forum asking about computer science majors who wish to become quants- however, my situation is a little different so I hope you guys can spare me the patience in answering the questions. I'm a Computer Science major from ...

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RenutraPro Garcinia Reviews–

buphobiakz

As the heftiness extend builds, the accessibility of eating regimen and weight reduction supplements additionally increments! Albeit, all these fat consuming enhancements offer potential advantages by shedding pounds of fat, there are likewise a few sorts of symptoms. Along these lines, it's your du...

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Burned out HF guy, what are my exit options

evenfantastica

I worked at equity long/short hedge funds for 7-8 years. I wasn't quite able to bridge the gap between analyst and PM, but burned myself out trying, and topped out at senior analyst. I got tired of the constant urgency, dreaming about my positions, waking up in a cold sweat, the backstabbing, gettin...

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How long do most postings stay on?

chips_ahoy

Hi guys: Anyone has any insights on how long a job posting would usually stay posted please? I saw some on LinkedIn that have been posted for 3-4 weeks, wondering if it's still worth applying to (they still show up as open), or is it too late? Appreciate your insights!...

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Asness vs Harding

abuddingmonkey

I’m exploring quant hedge funds and came across a video of David Harding demonstrating that he’s not much of a Fama fan. On the other hand Asness is. Both lead very successful quant funds, so I was wondering what that difference is about?...

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Moving from Quant researcher to Quant PM

CambridgeGuy1986

Hi. I have been working at a large Quant hedge fund as a researcher for about 5 years. My next big target is to move into a Quant PM role. At my current shop this is basically impossible, since this is large fund with only a few PMs, who all have more than 15 years experience in the industry. Care...

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