Citadel and Surveyor Capital OverviewSubscribe
Anyone here heard of Surveyor Capital, the multi-manager carveout that's a part of Citadel? Any idea how they fare with reputation, pay, culture, etc?
Citadel as a whole is a known quantity but Surveyor looks like a new strategy in Ken Griffin's playbook.
Surveyor Capital Overview
Surveyor is a subsidiary fund of Citadel that operates in Boston, Dallas, Greenwich, Houston, New York, and San Francisco. The carve out has ~190 employees and focus on equities. The firm explains on the website below.
You can read more about Surveyor on the company's website.
What is Citadel Surveyor's Reputation?
Reputation is solid, model is very similar to Millennium and other tightly-run multi-manager platforms: very strict risk controls, multi-factor hedging and overnight rebalancing, significant leverage on the combined market-neutral book.
Pay and culture for this kind of platform isn't really the same sort of discussion as with single-manager (or even very large multi-strategy) funds because each pod is distinct and each PM has their own capital account/deal structure. Like most of those platforms if the book does well, the team makes a LOT of money, but you can also get blown out and it's not a given that the PM chooses to share.
User @xqtrack", a hedge fund analyst, compared Surveyor Capital to Lone Pine, Shumway, Viking and Maverick.
Lone Pine, viking, maverick have better reps as places to be as an analyst. Not sure about shumway, probably less so. That being said, life in the HF world is so idiosyncratic that it's best not to get wrapped up in the WSO prestige wars.
You can read more about Citadel on the Wall Street Oasis Company Database.
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