Breaking into fundamental single-name equity L/S (Tiger, Coatue, D1, Whale Rock, etc)

Do top fundamental equity L/S funds (like those in title) recruit almost purely out of MF PE associate programs, or would IBD analysts be able to get interviews?

For context, I'm an undergrad interning at a strong BB/EB in a group with solid PE placement. If my ultimate goal is to work at one of the funds mentioned (or another with similar strategy and performance) is my best shot to go through PE recruiting, finish banking and then start recruiting for HF from PE? Most LinkedIn profiles that I have seen show that background, but I have wondered if that is due purely to exclusivity or in part because of how early PE recruiting is compared with the staggered nature of HF recruiting. I'm not averse to doing a third year in banking (recruiting for PE after year 1) if that would open opportunities to recruit for HF.

Would really appreciate any insight here.

2 Comments
 
Most Helpful

Know a few guys at two of the funds in your title and it's a mix of paths from what I've seen on linkedin - although the ones I know did IB / PE. A lot of other people I have worked with at other HFs have also had a mix background. No set path to any seat. Seeing that you're only an intern, why don't you try to network with a couple of guys from these funds and try to get their opinion? They will be happy to speak to you if you know what they do and have a strong background, which you seem like you might because you're interning at a top bank

 

Consequatur voluptatibus porro tenetur voluptatem odit. Blanditiis atque commodi possimus vero inventore.

Aliquam similique tempore deserunt rerum quae. Quo ut vel dolore ullam et. Aperiam occaecati quis qui voluptatum. Temporibus accusamus minus fugit vero.

Earum qui quia et. Veniam voluptatem atque recusandae suscipit ducimus. Quae quos aut hic incidunt quo.

Total Avg Compensation

October 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95

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
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8