Clarium Capital: info on organizational structure?

It's a solid fund. I wouldn't join it for equities though... according to their last 13-F, they held less than $100M in equities.

For global macro though, it's top notch - some of their research guys are incredibly smart (Patrick Wolff was US chess champion twice, beat Kasparov). From what I know, it's a very start-up culture (which makes sense given its roots), very smart people, mostly Stanford grads.

ideating's assessment is pretty valid. While I can't comment specifically on the equities side, I know several folks that worked on the macro side and it's definitely legit. If you're keen on wanting to do straight-up securities analysis, it might not be for you; however, if you want to be part of an awesome think tank and work with some of the great minds in the industry, that's a good place.

Again, I don't have personal experience with Clarium, but the positive comments I've heard were based on its reputation as well as friends/classmates that work or have worked there.

I corresponded with a guy who works there recently. Great macro fund, started by Peter Thiel, the founder of Pay-Pal and one of the early funders of facebooks. They like hiring people who are accomplished and think outside of the box. Pretty sure they don't do campus recruiting.

Performance has been less than stellar (down 6% in 2007, down 25% in 2008, down 5% 2010 YTD) and assets are down by over 80%. Wouldn't consider this performance "top notch".

They've been shitting the bed as the poster above me is alluding to. Peter Thiel is a smart guy but he has some strange ideas. There is a video online somewhere about him talking about the impact of the singularity on finance and his ideas were rather bizarre (from a financier's point of view). But the intellectual climate over there must be awesome.

Clarium have had very very crappy time since summer 2008. They are massively underwater though are unlikely to go under - they have a massively sticky capital base (the majority of it now is Thiel's own money and that of his Valley buddies like Levchin etc). Great place to learn if you can get in - though there are safer places to start your career. The senior guys I know from the firm are amongst the most intellectually smartest people I know. They just traded too dogmatically especially last year and ended up getting burnt from it.