Waiting for interview decision, typical time period

I am waiting on a HF to tell me the decision of my final round interview. I have talked to everyone on the team, and had multiple rounds. Now this is a small single manager fund so no real HR and just a headhunter.

Final round was 3 Mondays ago and I have only been asked to be patient, when I asked for an update on my candidacy. 

Is it typical to wait this long? With my internship (summer undergrad), I just waited for 1 week to get an answer.

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