How to break into Macro HF in London?

Currently a 3rd yr Associate at a large BB in London. Have interest moving to a Macro HF (think Citadel, Balyasny, Rokos, Brevan etc) for a junior trader/PM role in London.

I'd assume this is mostly done by recruiters? If so which ones are best if i want to break into one of the above funds? Or do i just reach out to a PM at one of the funds and enquire?

Hedge Fund Interview Course

  • 814 questions across 165 hedge funds. Crowdsourced from over 500,000 members.
  • 11 Detailed Sample Pitches and 10+ hours of video.
  • Trusted by over 1,000 aspiring hedge fund professionals just like you.

Comments (10)

  • Analyst 3+ in HF - EquityHedge
Jun 11, 2020 - 5:03am

Depends. Most recruiters are duds and spamming naive neophytes. Their true client relationship is with the fund. But now and then you find a recruiter who has a strong relationship and can put you in front.

Jun 11, 2020 - 6:09am

A 3rd year associate isn't getting hired by the fund - he is getting hired by a specific trader or group at the fund. I would think that his relationships from trading are closer than the recruiter who has a general fund level relationship. Honestly, if you are good, recruiters are so overrated for niche jobs like this. 3y + associate and asking questions like this isn't a great indicator though.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • Associate 3 in S&T - FI
Jun 11, 2020 - 1:38pm

Thanks for responses everyone. Who are the big recruiters currently in London? Im already in contact with Mondrian Alpha (who seem to be quite good). Any other recommendations?

Jun 14, 2020 - 9:20am

How is this thread still going? I gave the answer. If you are qualified, just contact the people you know at the firms with a concrete proposal. If you are not getting asked already, it could be a bad idea to take that much risk.

Start Discussion

Total Avg Compensation

May 2021 Hedge Fund

  • Vice President (18) $520
  • Director/MD (10) $359
  • NA (4) $325
  • Portfolio Manager (7) $297
  • Manager (4) $282
  • 3rd+ Year Associate (18) $269
  • 2nd Year Associate (26) $251
  • Engineer/Quant (50) $237
  • 1st Year Associate (63) $188
  • Analysts (181) $168
  • Intern/Summer Associate (15) $125
  • Junior Trader (5) $102
  • Intern/Summer Analyst (204) $82