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.

 

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.

 

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!

 

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.

 

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.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”