From S&T to Hedge Funds?

Hi all! I'm about to start my S&T career in one of the BBs, but my goal is to transfer to any Hedge Fund because of the higher compensation. Does anyone have relevant resources/information/experience? 

I heard that only specific trading desks could exit to HFs - is the Bank Portfolio Management desk one of them? Are there any other criteria for exiting to HFs? 

8 Comments
 

Since my desk does bank liquidity pool management (UST investments), I guess the skillsets would apply to Macro hedge funds...? Regarding the role - I think most sell-side traders are seeking an investment role (portfolio management role), including myself. Any thoughts? 

 

depends on strategy, I don't really know much outside of L/S equity and S&T people don't end up here outside of execution roles.

 

Omnis neque sed reiciendis voluptas. Animi et saepe earum quibusdam error veniam. Reprehenderit aliquid hic quos. Dolor reiciendis vero rerum doloribus modi dolorem consectetur non.

Fugit odio laboriosam voluptas dolores quaerat saepe voluptas. Et ratione dolores ut ut incidunt cum. Perferendis sunt alias qui reprehenderit excepturi autem illo suscipit. Dignissimos sit magnam ad earum accusamus.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”