Goldman Sachs Hedge Fund Strategies: compensation(analyst, associate, mid level) ?
Anyone familiar with the group? Any idea how the compensation(analyst, associate, md level) compares to traditional banking and sales and trading?
Anyone familiar with the group? Any idea how the compensation(analyst, associate, md level) compares to traditional banking and sales and trading?
+58 | Ranking banks that went under | 35 | 1h | |
+57 | Intern Ettiquette | 15 | 13m | |
+57 | Would comitting to ATL İB be stupid? Please give feedback. | 30 | 3s | |
+46 | NEED NY RESTAURANT RECOMMENDATIONS | 26 | 5h | |
+43 | Relevance of A-Levels for U.K. London recruiting | 31 | 22h | |
+41 | Burnt Out M&A ASO | 23 | 15h | |
+34 | A shitter's comprehensive guide to sophomore year recruiting | 2 | 16h | |
+29 | 2024 new grads who didnt get return offers update | 16 | 53m | |
+29 | Investment Banking US League Table YTD 2024 (FactSet) | 24 | 8m | |
+27 | PSA to gymcels: focus on the summer internship | 13 | 5h |
Career Resources
thats what ive heard.
.
any real answers?
answer idiot
I'm pretty sure he's spot on or very close with those numbers. I know a guy who got into that group from Carnegie Mellon (his dad has a lot of pull), he told me collected around $200K all in, the fund was doing great last year until about August when they suffered some big losses. I think they had a 33% return last year but I'm not totally sure.
You guys do realize that HFS is the fund of funds division of GS Asset Management, right? If so, thats higher than I thought those guys made as analysts...but sweet though.
link: http://www2.goldmansachs.com/careers/inside_goldman_sachs/business_snap…
Seanc, I am pretty sure CMU is a target for the group at GS. Basically they hire CS and Computational Finance geniuses, not the typical Wharton undergrad type. They run a fund known as Global Alpha, that until recently had 30% returns year after year.
go pickup the latest edition of Bloomberg Markets. Lloyd is on the cover and there is a huge section on the Global Alpha fund.
This would be a heck of a group to get into out of undergrad.
Very demanding level of work. financial engineering preferred. Sophisticated financial modeling and an impeccable eye for market detail, or an incredible amount of good luck. Also need a personality that is able to move mountains.
It really is... why do u need all that in a fund of funds??? All FoFs do is look at performance of other HFs in the street... and try to ensure u get a rtrn + skim for urself. The only mountain is the one ur plane flew over last time u went skiing!
that is able to move mountains........can you elaborate on why that would be needed?
Goldman Sachs Hedge Fund Strategies (Originally Posted: 02/24/2010)
Just out of curiosity, what's the deal with this group? It sounds like they're just a FoFs, but I heard it's a very hard group to get into and they pay very well?
I know a sophomore who's summering with them...
edit*: mixed up groups. yes this group is just a huge FoF. It's meant to be a lower risk way to get private wealth/institutional clients into hedge funds. didn't seem very exciting to me really, but who knows.
ur a sophomore interning at GS hedge fund strategies? Im curious about how u got it
Ipsa omnis repellendus facilis magnam. Minus impedit ipsa animi sequi est nobis. Impedit est eius ut. Voluptatem ut sint saepe commodi. A culpa rerum et voluptatem consequuntur. Eaque omnis aut sunt numquam.
Iusto et dolor molestias aliquam. Ad autem et commodi. Ea vitae tenetur sapiente possimus ducimus maiores.
Beatae dicta repudiandae laborum voluptas. Ut alias voluptatem unde reiciendis ex aspernatur atque. Mollitia vel neque quasi odit doloremque fuga suscipit. In aut molestiae quis facilis expedita sunt eum. Sunt debitis quasi corporis pariatur ipsam et optio minima. Eveniet laudantium aperiam architecto earum consequuntur rerum magni.
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...