Full time HF Recruiting
What is the timeline for full time recruiting, given that I can not get a summer analyst position? What should I do to make up for that? Any and all tips welcome!
What is the timeline for full time recruiting, given that I can not get a summer analyst position? What should I do to make up for that? Any and all tips welcome!
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April 2024 Hedge Fund
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Most HFs rarely hire out of undergrad. Some like citadel, P72, etc. have structured programs that you can look at, most of your 1-5b funds probably won't have a seat for someone out of undergrad. Unless you have some sort of relevant experience, even thinking to recruit for HF out of undergrad is very hard. There's usually no structured timeline for HF hiring unlike PE, most hire on a ad hoc basis. I had some relevant exp and it was still very hard just because of the number of seats available to people like us, granted I'm not going to P72, Citadel, etc. I would imagine those funds would be relatively easier to land a seat at.
I would try to get some relevant position if you can (ib/pe). P72 is offering externships that might lead to FT interviews at P72, which you can apply for. Just have something relevant on your resume. You could learn how to make pitches, model, etc. Networking would be very helpful too - maybe you can land a fall/school year internship at some fund, crush it and then possibly convert to a FT role. You can learn stuff on your own and make pitches, etc. but a lot of them care about some past experience because they usually don't have the time/resources to teach someone everything unless you're at a fund that has a structured program. Funds prefer someone who has been vetted.
Lmk if you have any questions. I had a very hard time time recruiting so I can probably tell you what to do or what to avoid and how to make your time more efficient. Happy to help in any way I can.
What firms should I be applying to for ft recruiting. P72, Bridgewater, Citadel, anything else?
All the large firms, so your list + two sigma, AQR, I believe DE Shaw does some recruiting as well. I’m sure I’m missing some.
Silver point has hired undergrads in the past, some arms of some MFs also hire out of undergrad if you're into more PE style investing. I'm not sure of any other funds that have structured hiring programs out of undergrad. Most of the 1-5bn funds don't have structured hiring programs
Silver Lake is a PE fund (many of which hire a few undergrads per year). Perhaps you meant Silver Point, which is a hedge fund that also hires undergrads on occasion.
Oops yeah sorry, edited. Keep getting mixed up with those names
Will do!
Can I message you?
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