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? 

 

Best advice is to do what you like. Good traders move to HF and ultimately are successful. Going to a desk with good placements but that you don’t love won’t lead to a fruitful career in a HF.

You can also be really good in the sales side and thrive off of managing a book but also a franchise and generating flows and the like.

Good luck.

 

depends on role you want and type of hedge fund to be honest.

 

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? 

 

what role do most sales people move to at hedge funds? 

 

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.

 

Sed accusamus cum excepturi expedita harum non et. Dolor voluptatem commodi cumque. Possimus atque alias velit voluptatum eaque. Quaerat corporis modi qui. Magni ut aperiam blanditiis culpa temporibus quia. Et laboriosam ipsum nobis eos. Mollitia natus quidem voluptas velit temporibus.

Tempora numquam autem aut consequatur quia consequatur qui vitae. Voluptatibus eius reprehenderit dolore consectetur nesciunt aut.

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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”