Do most people who recruit for top hedge funds out if banking land hedge funds, or do most have to do PE first. It seems like PE is much more common especially out if BB banking but curious about whether or not this is self-selective or if it’s a necessary step to get into a solid HF and that it’s very difficult to get in straight out of banking?
| +21 | 3x SWE FAANG Intern -> Fundamental Analyst @ HF | 11 | 7h |
| +9 | PM is a dumbass | 5 | 5d |
| +5 | Fund 1 8%, fund 2 5%, when will fund implode? | 4 | 14h |
| +3 | Castle Hook Partners | 0 | 5d |
| +3 | Disclosed non public fund performance to a headhunter | 2 | 5d |
| +3 | Dragoneer | 1 | 22h |
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I moved to a hedge fund straight out of banking. A ton of people go to private equity first because it is more structured of a recruiting process.
Would read this guide on landing a job at a hedge fund. You really need to show you have a passion for investing from your own personal experience or in college. Otherwise, easier to go the PE route and try investing on the side if you started too late.
curious if you went through the process with a headhunter? did you find them coming to you or did you have to reach out proactively?
Yes, was fortunate to work at a top investment bank, so recruiters were constantly calling us. Easiest way to move to the buyside is through the recruiters. Otherwise, must network and send a bunch of cold emails.
Definitely not true that you NEED to have had interest in personal investing in college or before, especially depending on the strategy you're interviewing for.
You can go straight from banking to plenty of HFs, but some of the more selective funds essentially only hire former PE associates (see Elliott).
I went to a HF straight out of banking 15 years ago and now looking for an analyst to join my team (banking background at top shop only). Anyone interested, PM Me.
what sector do you cover?
Pm me if you want to chat
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