Hey guys, I have the option to join startup macro hedge fund. I'm currently an associate in macro research (think commodities/fx) at BB. Pros and cons of making the move? I've seen a few posts here about Macro HF vs S&T but nothing on Research vs global macro.
What does the seed money look like? Starting AUM? Any initial contributions from institutional investors? Is the founder well-known (in the sense that they have credibility in macro circles) and/or do they have a good track record, that you know of?
Since it's the US, the decision is a little less clear-cut. The 100mm macro fund launch is very risky, but it may still be worth it. Ultimately, since this is mostly a "risk management" judgement, it's almost impossible to offer any advice.
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What does the seed money look like? Starting AUM? Any initial contributions from institutional investors? Is the founder well-known (in the sense that they have credibility in macro circles) and/or do they have a good track record, that you know of?
Are you based in the US or Europe?
Thanks a lot for the feedback. The fund is US-based, starting around 100mm AUM. I would take a small pay cut but get a piece of equity after 2 years..
Since it's the US, the decision is a little less clear-cut. The 100mm macro fund launch is very risky, but it may still be worth it. Ultimately, since this is mostly a "risk management" judgement, it's almost impossible to offer any advice.
Rem dolor maxime nisi. Fugit voluptatum est quis nobis molestiae asperiores sapiente. Iusto placeat ullam numquam voluptate et. Fugiat ducimus numquam quis sed quas vero sint.
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