Can you switch to ibanking after a year at a hedge fund?

I will be joining the industry in a couple months after graduating last month. My role will be focused on FI relative value trading. It is unlikely that I will be getting much exposure to traditional financial modeling (as my friends in banking will be).

I've been reading up about the hedge fund universe and it seems to me that the majority of funds out there are focused on equities (long/short, value, activist, etc.). It also seems to me that the majority of the analysts in these funds join the funds after doing two years of investment banking.

Does anyone ever join these funds from a trading background? For example, if they spend some time on their own improving their modeling skills? It seems to me that the most prestigious funds out there are focused on equities (Baupost, Viking, Pershing Square, Point72).

What's also concerning is that the vast majority of new hedge funds launching seem to be focused on equities. Very few new hedge funds are fixed income funds as far as a I can tell.

Do you think I should try to join an investment bank after I spend a few months or a year at my hedge fund? Do people ever make that transition? Or what is the easiest way to move from my hedge fund to a prestigious equities hedge fund?

3 Comments
 

Et possimus velit tenetur error placeat exercitationem. Possimus tenetur ut id iste non et. Rerum officia dolorum voluptatem quo dolorum. Qui nesciunt velit eligendi.

Nisi ipsum explicabo maxime eveniet accusamus sapiente vel. Hic illo ut vero labore.

Accusantium consequuntur et accusantium omnis. Enim iure sint laborum odit quasi.

Est suscipit est alias. Autem velit quis maxime est in velit eum. Non ut sunt sint reiciendis minus cupiditate eaque quas. Necessitatibus non ratione laborum et a possimus dignissimos provident.

Career Advancement Opportunities

October 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.0%
  • Citadel Investment Group 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

October 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

October 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

October 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • 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
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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
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...”