FoF interview HELP!!! (don't we all love interviews)Subscribe
Hi! I've got an interview with Forester Capital for Research Analyst (see job description below) in a few days, and I would really appreciate it if you can help me answer the following questions:
1) What do I need to know about HF/FoF/the market?
(for someone who's never had a HF interview, that is...)
2) How technical would the questions be?
(the job description says they "welcome candidates from all majors to apply" and an English-major friend of mine who has no experience in finance also got an interview, so I'm a bit skeptical...)
3) What are some top qualities that they are looking for?
4) Do you know anything about the firm?
(I couldn't find much about it online, the company description from the job posting is also attached below)
Any words of wisdom/advices/insights/suggestions would be appreciated. Thank you!!!
Forester Capital, LLC ("Forester" or "The Firm") manages private investment funds designed to produce superior risk-adjusted returns by investing in the best hedge funds available. The firm seeks to invest primarily in long/short equity and absolute return managers that are driven by bottom-up fundamental research and analysis. The firm seeks to select fund managers with complimentary strategies and expertise in order to form diversified portfolios of hedge funds. The goal of our firm is to produce superior returns with less volatility than the market. Our stable investor base includes prominent college and university endowments, museums, hospitals, charitable foundations and families. Forester was established in 2000 and now manages over $2 billon in client assets.
Our team members have diverse backgrounds with experience at Tiger Management; Donaldson, Lufkin and Jenrette; Cambridge Associates; Ernst & Young; and Partner Reinsurance and education at Kellogg; Duke; Yale; Boston College; Barnard; Bryn Mawr; Connecticut College; Manhattan and Fairfield University. The work environment is a positive, collegial atmosphere, where we emphasize collaboration and foster development.
Position: Research Analyst
As a growing firm in the Asset Management business, we are looking for candidates who possess the basic building blocks for success. We value candidates who are honest and have integrity. We are also looking for candidates who can handle a breadth of responsibilities, while maintaining accuracy and remaining focused on results. Candidates should possess strong analytical, writing, and communication skills. They should be excited to learn about hedge fund managers focused on a variety of industries and geographic areas. In addition, candidates should have the ability, willingness, and versatility to research these managers in depth. Candidates should be personable and enjoy working in a team environment. We welcome candidates from all majors to apply for the research analyst position.
Candidates should expect a range of responsibilities related to manager research and manager monitoring. As the firm grows, the candidate's responsibilities should increase.
The candidate will be involved in the process of monitoring existing managers. Their responsibilities may include reviewing performance, portfolio reports, and correspondence, as well as preparing for and participating in annual reviews of our managers.
The candidate will be involved in the due diligence process for prospective managers. This may include contacting prime brokers, screening new managers, compiling and reviewing information on these managers, regularly updating performance, and preparing for and participating in manager meetings.
The candidate will be involved in quantitative analysis of Forester's managers and portfolios. This may include providing written reports on various portfolio statistics and creating exhibits in Excel.
The candidate will be involved in regularly updating relevant global stock market information in addition to completing relevant shorter-term research projects.
The candidate will participate in team discussions regarding the future of the funds and business.