Hedge fund or Prop Shop on resume?

Applying to summer internships... my best work experience is that I worked on a convertible arbitrage (convertible bonds) desk for several months. The fund is entirely owned by the traders and management (i.e. internally), and has 300+ million in AUM. They called themselves a "hedge fund", but they do not have any outside investors or any kind of 2/20 fee structure. So should I be calling this a hedge fund or a prop trading shop on my resume? Do I call it a proprietary hedge fund?

Thanks for the advice!

6 Comments
 

Also, because the fund is secretive, you cannot google them. Should I list their approximate AUM in order to establish credibility?

 
PikeI'm not sure, when people can't find information they get suspicious.

A whole lot of hedge funds don't have websites. Private businesses are just that; they're private and value their privacy, and it doesn't mean they're not reputable.

For example BDT Capital doesn't have a website, yet is obviously well known.

 

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